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
Russell Corp. Cuts Out a Layer…
While many companies were strengthening their teams in the outdoor business last week, Russell Corporation moved to cut a layer out of its management team, announcing the elimination of the president/COO position held by Jon Letzler since July 2001. The c
Pacific Cycle Sees Sales Climb; Looks to China for More Sales…
Dorel’s Recreational/Leisure division, which primarily consists of the Pacific Cycle business, reported that revenue increased 7% to $110.2 million during the second quarter compared to last year's $103 million. Earnings from operations rose 6.3% to
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
Atomic Launches SBU To Cover Rockies…
Back in July of 2004, Atomic Ski launched a Small Business Unit to cover New York and the Mid-Atlantic Regions. Atomic has taken the next step in this model, converting its Rocky Mountain Region, formerly covered by C.J. Webb, Inc. to also be a Small Bus
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
Wilson Racquet Sports Appoints Territory Manager
Wilson Racquet Sports has hired Evan Garfinkle as a Territory Manager in the South Central region of the United States. Garfinkle joins Wilson after working most recently as a sales representative for both Gamma/Fischer and Balle De Match…
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
Report: Teen Girls Spend More Than Boys
A recent study conducted by ICR indicates that teenage girls report outspending their male counterparts. Teenage girls (12 to 17 years old) report spending $47 per week vs. $45 per week for boys. And where do they get their money?
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
CROCS Inc. Files for Initial Public Offering
CROCS Inc. on Monday filed a registration statement with the Securities and Exchange Commission for the initial public offering of its common stock. The offering will include shares sold by CROCS and by certain of its stockholders. Piper Jaffray & Co. and
