SGB Update Outdoor
SIA: 05/06 Snow Sports Sales Increase 4%
Overall sales for the entire winter sport market (including specialty and chain stores), were up 4% in dollars to $2.3 billion for the August 2005 through March 2006 period,
compared to $2.2 billion reported last year, according to the SIA Retail Audit. U
SIA: 05/06 Chain Sports Sales Up 6%
Overall sales for the entire winter sport market (including specialty and chain stores), were up 4% in dollars to $2.3 billion for the August 2005 through March 2006 period,
compared to $2.2 billion reported last year, according to the SIA Retail Audit. U
NSGA: March Sporting Goods Sales Climb 18%
The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.87 billion preliminary for the most recent reporting month of March, up 18.2% from the $2.43 billion in March 2005. The increase follows a 1
Orange 21 Q1 Sales Up; Net Loss Falls
Orange 21 Inc. saw net sales for the first quarter of 2006 increase 11% to $9.4 million from $8.5 million last year. The company reported a net loss for the quarter of approximately $1.7 million, or 21 cents loss per diluted share compared to a net loss o
Phoenix Footwear Sales Increase 52.8%; Income Doubles
Phoenix Footwear Group, Inc. net sales for the first quarter increased 52.8% to $40.3 million, compared to $26.4 million for 2005. Organic growth was 7.3%. This reflects a 29.0% increase in Royal Robbins, a 16.2% increase in H.S. Trask, and a 5.4% increas
adidas Group Provides Nice Surprise for Q1…
Analysts were ecstatic about the surprisingly positive first quarter turned in by the adidas Group that reflected strength in both the Brand adidas and TaylorMade-adidas Golf segments. While currency-neutral revenues jumped 40% when including two months
Small Business Health Care Blocked in Senate…
The Small Business Health Care Plan, one of the top priorities during OIA’s recent Capitol Summit and a key issue for the SGMA, was defeated in Congress last week. The Bill was proposed by Senator Enzi this year and allowed industry associations to pool
CITA Expands Quota Exemption, but Not Enough…
The Committee for the Implementation of Textile Agreements sent a letter to Outdoor Industry Association and SnowSports Industries America informing the industry groups that it has revised the definition of ski and snowboard pants that are exempt from the
Pacific Sunwear Hopes for Summer to Spur Sales…
Pacific Sunwear of California, Inc. rode the strength of new stores to post a sales gain for the first quarter, but saw comps decline slightly. The good news is that warm weather categories performed well for the retailer as winter thawed and shoppers st
Warnaco Swim Has Tough Q1…
The Warnaco Group, Inc. posted net revenues of $466.3 million in the first quarter, up from $439.5 million in Q1 2005. Gross margin was 37.4% of net revenues, compared to 35.7% in the first quarter of fiscal 2005. Net income totaled $16.1 million, or 34
The Sportsman’s Guide Benefits from Hunt/Fish/Golf Combo in First Quarter…
The Sportsman's Guide, Inc. saw net sales for the first quarter increase 11% to $71.6 million from $64.6 million for the same period in 2005. The increase in net sales for the period was primarily due to increased Internet-related sales. Sales at Spo
NGF: Strong Start for Golf in ‘06…
According to the National Golf Foundation, 2006 is off to a better start for golfers than 2005. Rounds played in the U.S. were up nearly 10% in the first quarter of 2006 over the same period last year when rounds played were down 5.2%. Same-store rounds
Golf Town Shrinks Q1 Loss…
Canada’s golf specialty retailer, Golf Town, had a strong first quarter with both new stores and old contributing to top line growth. The strong sales helped to shrink the net loss in what is typically the company’s quietest quarter.
In the first quarter
Skiing and Adventure Travel Drive Intrawest in Q1…
Intrawest finished its first quarter of 2006 well above last year, with total revenue up 18% to $550.9 million and EBITDA up 24.7% to $136.5 million from $109.5 million last year. However, due to a change in the estimated depreciation on resort assets, in
Pacific Cycle’s Big Box Sales Down; IBD Sales Up
Dorel Industries, parent company to Pacific Cycle and the Schwinn and GT brands, reported revenues for the first quarter declined 4.4% to $451 million compared to $472 million a year ago. Earnings declined 11.1% to $24.2 million from $27.2 million and dil
