SGB Update Outdoor
Dick’s Q2 Comps Increase 0.5%; Cuts Fiscal Year Guidance
Dick's Sporting Goods net income for the second quarter ended July 30, 2005, excluding merger integration and store closing costs and gain on sale of investment, was $24.2 million, or 45 cents per share, as compared to GAAP net income and earnings pe
Giannulli Withdraws Mossimo Bid
Mossimo Giannulli, founder, Chairman of the Board and Co-Chief Executive Officer of Mossimo, is withdrawing his proposal to acquire all outstanding shares of the Company not owned by him at $4.00 per share. Giannulli said that while he remains interested
prAna Launches New Wind Power Initiative for 100 Retailers
In a move that underscores the company's commitment to being part of the solution, prAna announces the prAna Natural Power Initiative, which will provide renewable wind energy to 100 of its retailers across the nation. PrAna's wind power
Golfsmith More Than Doubles Income on 5.8% Sales Gain
Golfsmith International, Inc. reported net revenues of $102.5 million for the quarter ended July 2, 2005, a 5.8% increase over $96.9 million for last year's quarter. Net income for the period increased 160.9% to $6.0 million from $2.3 million last ye
NRF: Back-To-College Spending Up 33.8%
Though college students will wait until later this month to hit the books, they’ve been hitting the stores all summer long to prepare for their return to campus. The third annual NRF 2005 Back-to-College Consumer Intentions and Actions Survey, conducted b
Atomic Launches Small Business Unit
C. J. Webb, Inc. announced the end of 28 years as the Atomic Sales Rep for Colorado, New Mexico, and Texas. As part of a re-organization, Atomic combined two territories and created a Small Business Unit that will cover seven states to be serviced and ma
Craft Distributor Brings Karhu Running Shoes to N.A.
At the 1952 Olympics in Helsinki, Finland, Karhu running shoes were on the feet of many top competitors. In honor of the brands glorious past, just prior to the recently completed World Track and Field Championship in Helsinki, Karhu announced an innovati
Backpacking Light Announces First Ever Lightitude Award Winners
Backpacking Light Magazine announced the winners of the first annual 2005 Lightitude Awards at the Outdoor Retailer Summer Market 2005 in Salt Lake City, Utah on August 12. Winners included TarpTent, Six Moon Designs, GoLite, Western Mountaineering, Casca
Sport Supply Group Reports 52% Income Drop for Quarter
Sport Supply Group, Inc. reported revenues of $23.2 million for the quarter ended June 30, 2005, down 7.6% as compared with revenues of $25.1 million for the same quarter last year. Net income was $621,000 for the quarter a 52.2% drop against net income o
Hot Week for Executive Moves in the Outdoor Biz…
It was an active week for the movement of key executives into new positions as some recent free agents found new homes and some missing from the market have emerged in new key positions. The week started with two recent Deckers departures finding new hom
Hot Week for Executive Moves in the Outdoor Biz…
It was an active week for the movement of key executives into new positions as some recent free agents found new homes and some missing from the market have emerged in new key positions. The week started with two recent Deckers departures finding new hom
The Finish Line to Roll Out New Women’s Format…
The Finish Line Inc. is reportedly going to dip their toe into the women’s business in a more meaningful way, launching a new mall-based banner that is expected to open for the 2005 holiday season. The retailer’s official line is “no comment,” but source
Head NV Gets Q2 Lift from Winter Sports, Property Sale…
Head N.V. looked to the Winter Sports business in the second quarter to reverse the negative sales trend of the first quarter, but the total sales increase for the period was not enough to bring the year-to-date revenue line into positive growth territory
Pacific Sunwear to Roll Out New Footwear Format as Business Matures…
Pacific Sunwear of California Inc. will need to expand store count to continue to deliver on their sales and earnings goals and will look to a stronger commitment in footwear to accomplish the task. The retailer has relied on apparel and accessories to g
Volcom Gets Balanced Gender Growth…
Volcom, Inc. saw much of its second quarter growth from significantly larger orders from Pacific Sunwear, its largest customer. The order increases began in the second half of 2004, and the company expects the back half of the is year to be somewhat more
