SGB Update Outdoor
Dick’s Sporting Goods Gets Super Bowl Lift in Q1; Ups Full Year Guidance on Solid Business Outlook…
Dick's Sporting Goods came out of the gate running for the start of the 2005 fiscal year, exceeding internal projections for net income as well as analysts’ expectations. DKS had issued guidance in March that estimated earnings in the 15 cents to 17
Collegiate Pacific Acquisitions and Organic Boost Q3…
Collegiate Pacific Inc. posted a strong third quarter that saw sales from the company’s acquired Dixie, OTS, Kesslers, and Salkeld (or DOKS) division combine with a “12% to 13%” organic sales increase combine to boost sales 120%. The company also launche
Another Victory for Golf Vendors Fighting Counterfeits…
Following a request by the U.S. Golf Manufacturers Anti-Counterfeiting Working Group, Chinese law enforcement officials have raided four factories and three warehouses involved in the production and distribution of counterfeit golf clubs and equipment in
Margins and Sales Decreases Leave True Temper in the Red…
True Temper Sports, Inc. posted net sales for the first quarter of $31.7 million down 1.2% from $32.1 million for the same quarter last year. Gross margin decreased 350 basis points to 36.6% of net sales from 40.1% of sales last year. SG&A expenses also d
Umbro Sees U.S. Sales Slow…
At the Umbro Annual General Meeting, Peter McGuigan, CEO, said that sales for the year are in line with expectations. International Wholesale Sales and Royalty Income are anticipated to continue to grow. Asia has delivered a “particularly pleasing perfo
SIA Retail Audit Sees Strong Finish for Snow Sports Season…
The 2005-2006 SnowSports retail season was like many of the past few years, strong in certain parts of the country and difficult in others. However, at least this year every major ski area was able to open for business for most of the season, unlike last
Congress Passes Key Conservation Issues…
The U.S. Congress last week passed several key measures that promote conservation issues in the federal budget. The House approved amendments that will help keep wetlands and rivers clean, prevent logging in wild forests, and maintain a moratorium on offs
Outdoor U. Continues Momentum in Northeast…
The most recent Outdoor University was held at Camp Becket near Becket, MA. The event drew over 74 retail attendees from 45 stores and ten states with sales reps from 55 companies offering 400 hours of instruction. Combined with its two upcoming sister ev
Implus Acquires YakTrax…
Implus Footcare, LLC acquired YAKTRAX snow and ice traction devices. Total Implus revenue with the new brand is projected to approach $70 million for fiscal year 2006. Steve Couder, national sales manager for YAKTRAX, will continue to lead sales for the n
Cabela’s Finalizes Indiana Store Negotiations
Cabela's Incorporated has finalized negotiations with the State of Indiana's Economic Development Council (IEDC) to bring a Cabela's retail superstore to its long-anticipated Hammond, Ind., location. The approximately 185,000 square-foot re
SGMA Launches Spring Market; SportsOneSource Hosts Running Conference
New Balance Athletic Shoe, K2, ASICS, Under Armour, and Horizon Fitness lead the list of committed exhibitors for next year’s SGMA Spring Market scheduled for June 11-13, 2007 at the Sands Expo & Convention Center in Las Vegas, Nev. SGMA has partnered wi
Thule to Acquire Three Brands Worth $240 Million
Thule will acquire Brink International BV, Valley Industries, and SportRack Accessories, all subsidiaries of US based Advanced Accessory Systems (AAS). Brink and Valley are leading European and North American players for towbars while Canadian SportRack
Execute Sports Q1 Loss Widens on Lower Margins
Execute Sports, Inc. net sales for the first quarter ended March 31, 2006 were $595,534 compared to $639,610 last year, representing a $44,076, or 7% decrease. The three month year-over-year decrease is due to the discontinuation of its motocross business
Positive Q1 Comps Boost Shoe Carnival’s Earnings 20%
Shoe Carnival, Inc. net earnings for the first quarter increased 25% to $7.4 million as compared with net earnings of $5.9 million in the first quarter ended April 30, 2005. Diluted earnings per share increased 20% to 54 cents per share compared with 45 c
WSA Appoints Boehm as Director of Retail Relations
WSA appointed Celeste Boehm as director of retail relations who will head the Retail Relations Team responsible for developing new programs to solidify existing relationships between retailers and manufacturers and create expanded opportunities for forgin
