SGB Update Outdoor
Sportsman’s Guide Turns to Golf Warehouse for Q2 Help
For the second quarter, Sportsman's Guide, Inc. reported net sales of $69.2 million, an increase of 8.6% from $63.8 million during the year-ago period. Sales at The Sportsman's Guide increased 8.4% to $46.8 million, while sales at The Golf Ware
OR Summer Market Sees 12.4% Attendance Increase
The 25th Birthday of Outdoor Retailer Summer Market, which took place from August 10-13 in Salt Lake City, Utah, attracted 21,711 attendees from around the globe, an 12.4% increase in attendance from last year’s Summer Market. There were 967 unique exhib
Copeland’s Files For Chapter 11 Bankruptcy
Copeland’s Enterprises, Inc. filed for voluntary Chapter 11 Bankruptcy in the U.S. Bankruptcy Court, District of Delaware. The company, which also does business under the Copeland’s Sports and ShopSports.com banners, listed assets of $50 million – $100 mi
Nike Promotes from Within…
Nike made a series of personnel moves last week, promoting Gary DeStefano to president, global operations and Trevor Edwards to VP, global brand and category management. Succeeding DeStefano as head of Nike USA will be Craig Cheek, while Joaquin Hidalgo,
Danner Lands U.S. Marine Boot Contact…
LaCrosse Footwear’s Danner subsidiary has been awarded an indefinite delivery/indefinite quantity contract to produce the Mountain Cold Weather Boot designed for the U.S. Marine Corps. The contract could span up to five years and anywhere between 500 and
TM-aG Increases 2006 Guidance on Strong Q2, GNC…
TalylorMade-adidas Golf sales increased 30.7% for the second quarter to €264 million ($332 mm), compared to €202 million ($255 mm) in the 2005 second quarter. In U.S. Dollar terms, TM-aG sales grew 30.3%. TM-aG currency-neutral sales increased 28% in the
Hibbett SG Lowers Q2 Guidance Despite 11% Sales Jump…
In a preliminary sales report, Hibbett Sporting Goods saw strong top-line results for the second quarter for fiscal 2007, but now expects to report net income per diluted share of 12 cents to 13 cents versus the previous guidance for the second quarter of
Adams Golf Gets Irons Help in Q2, but Drivers Cut in Half…
Adams Golf saw total net sales increase 29.8% to $25.7 million for the second quarter from $19.8 million for the same period last year. Net sales of drivers decreased 54.8% to $2.8 million, or 10.9% of total net sales, for the second quarter from $6.2 m
Big 5 Shrugs Off DC Impact to Post Solid Second Quarter Results…
Big 5 Sporting Goods posted its 42nd consecutive quarter of comparable sales increases in Q2 and fought off a slight decrease in gross margins on their way to strong double-digit gains on the bottom line. Management attributed their sales gains to “a com
Warnaco Swim Sales Up 17.6% in Q2; Operating Income Declines
Warnaco Inc. reported that second quarter net revenues increased 20.5% to $451.6 million, including $63.7 million in revenues from the CKJEA Business (Calvin Klein Jeans and related businesses in Europe and Asia). Swimwear Group net revenues increased 17.
Asics Q1 Rides non-Japan Gains…
For the first quarter ending June 30, Asics Corp. saw net sales increase 21.3% to ¥51.7 billion ($452.8 million) from ¥42.6 billion ($396.5 million) last year. Gross margin for the company improved 280 basis points to 45.8% of net sales from 43.0% during
Orange 21 Posts Q2 Loss on Flat Sales; Replaces CFO
Orange 21 Inc. reported that net sales for the second quarter of 2006 were relatively flat at $10.3 million, a 1.4% decrease compared to $10.4 million in the second quarter of 2005. ORNG reported a Q2 net loss of approximately $758,000, or 9 cents per dil
New Balance Acquires Brine…
New Balance has acquired Brine, Inc. for an undisclosed amount. Jim Davis, Chairman and CEO for New Balance said that the acquisition will allow the company to broaden its product offering on a global scale. This will also give New Balance a much larger f
Mossimo Q2 Net Income Gain Outpaces Revenue Growth
Mossimo, Inc. reported second quarter 2006 total net revenues increased to $10.3 million compared to $9.0 million for the same period last year. The company reported second quarter net earnings of $2.71 million compared to net earnings of $2.2 million for
Amer Boosted by Outdoor, Team, and Racquet Sports
Amer Sports continues to focus heavily on the integration of Salomon and the restructuring of the French company’s different manufacturing facilities. The company continues to be on-schedule with these initiatives, but there is still much work to be done.
