SGB Update Outdoor
Is Zappos the Next Public Company Candidate?
Tony Hsieh, CEO of Zappos.com, issued a public letter on the eve of the WSA show, telling the market that the on-line retailer is driving toward its goal of achieving $600 million in sales in 2006, which would represent a 62% increase in revenues over the
Columbia’s Q2 Earnings Hurt by Margin Issues…
In spite of a double-digit increase in sales, Columbia reported a sharp decline in net income for the second quarter, largely due to lower margins and higher SG&A expenses. The decline in margins was caused by Columbia’s expanded product offering, which m
Timberland Releases Corporate Social Responsibility Report
Timberland published its 2005 Corporate Social Responsibility Report, outlining the operations, product development and supply chain improvements the company has made over the last year and details community involvement programs from around the world.
Callaway Golf Continues to Struggle with Top-Flite Business as Base Business Shows Promise…
Callaway Golf Company said its three-year targets outlined earlier this year are still “quite alive and well” despite a number of bumps in the road so far. Top-Flite continues to be a drag on the overall numbers with the stabilization of that business pr
Garmin to Open Chicago Retail Location
Garmin International Inc. will open a retail product showcase on the “Magnificent Mile” in downtown Chicago, located at 669 North Michigan Avenue — in time for the 2006 holiday shopping season…
Nautilus Q2 Income Slips on 6% Sales Increase
Nautilus, Inc. net sales for the three months ended June 30, 2006, were $137.6 million, compared to $129.6 million for the corresponding period last year, up 6.2%. Net income for the quarter was $1.7 million, or five cents per diluted share, compared with
ground Hires Hiney to Support Growth
ground increased distribution to nearly three hundred specialty retail stores and expanded its rep force. ground believes in supporting the authentic, local retailer and distributes its products through an elite group of outdoor channels. To support its g
K2 Inc. Sees Integration Upside for Q2…
K2 Inc. has been busy integrating acquisitions over the last year and a half and the results are trickling down to the bottom line through a 100 point gross margin gain to a 47.4% increase in net income. However, without any new acquisitions to integrate,
Hurley Adds SVP — Women’s Young Contemporary
Hurley added Maria Barnes, as Senior Vice President of Women’s Young Contemporary. In her new role, Maria will oversee the division’s global Brand direction and growth strategy. Barnes spent the last eight years as the head of sales for Roxy swimwear and
Jarden Sales and Earnings Climb in Q2
Jarden Corporation second quarter net sales increased 28% to $962 million compared to $754 million for the same period in the previous year. Net income was $13.3 million, or 20 cents per diluted share, for the quarter ended June 30, 2006, compared to $5.7
Fortune Brands Golf Sales and Income Slip in Q2
Fortune Brands, Inc. reported double-digit growth in earnings per share for the second quarter of 2006. Diluted earnings per share from continuing operations increased 34%, benefiting from solid organic sales growth. The company's Golf Division repor
Kelty Hires Mason as Marketing Manager
Kelty concluded their national search for a marketing manager this week, announcing the hire of Christian Mason to fill the essential slot on the Kelty team, beginning on August 1, 2006. Mason was formerly the director of product development at Mountainsm
JJB Sees Sees Double-Digit H1 Revenue Growth
British retailer JJB Sports Plc took the opportunity presented by its Annual General Meeting to let the market know about the current state of its business. Total Group revenue, including health clubs, for the 25 weeks to July 23, 2006 was 11.6% higher th
Deckers Beats Q2 Sales and Earnings Guidance; Increases Outlook for 2006
Deckers Outdoor Corporation second quarter net sales increased 3.4% to $41.7 million versus $40.3 million last year; ahead of our previous guidance range of $38 million to $40 million. Diluted EPS was the same as last year at 21 cents; ahead of our previo
Rocky Cuts Guidance on 12.5% Q2 Sales Decline
Rocky Brands, Inc. second quarter net sales decreased 12.5% to $57.3 million compared to $65.5 million for the corresponding period a year ago. The second quarter of 2005 included approximately $5.8 million of footwear sales to the military compared to ze
