SGB Update Outdoor
Golfsmith Reports Wider Loss For Q1
Golfsmith reported net revenues of $64.0 million, operating income of $0.8 million and a net loss of $2.0 million for the three months ended April 2, 2005 compared to net revenues of $65.8 million, operating income of $2.5 million and a net loss of $0.2 m
American Sporting Goods Acquires AND 1…
Market watchers have been waiting patiently the last few weeks as the expected acquisition of AND 1 by Skechers USA dragged on without a firm deal in place. We now know what was happening behind the scenes after Jerry Turner, chairman of American Sportin
Russell Corporation Lays Out Strategies for Brands…
Russell Corporation laid out its new reporting structure for investors last week as part of an annual presentation to review strategy for the business. During the four hour 2005 Analyst Day event, management reminded investors that RML had moved roughly
Fruit in Apparel Deal with Wilson…
Fruit of the Loom has inked a licensing deal with Wilson Sporting Goods, providing Fruit with an opportunity to develop, produce, and sell Wilson-branded athletic apparel for the mid-tier retail market. Phil Johnson, who was most recently VP sales for Ru
Genesco Gets Nice Retail Gains in Q1…
Genesco Inc. got a nicely balanced quarter across its divisions in the first quarter ended April 30 as total net sales increased approximately 26.5% to $286 million for the period, compared to $226 million last year.
Same-store sales at the company’s Jour
Head NV Narrows Q1 Loss on Charges, But All Divisions Take Revenue Hits…
The benefits that Head sees from reporting in U.S. Dollars wasn’t enough to save them in the first quarter as the company struggles with the impact of weather on their Winter Sports business and a weaker tennis market and weather conspired to impact a Rac
Speedo Brand Sales Decline Drags Down Warnaco Q1 Swim Results…
Warnaco reported that its Swimwear Group, which includes Speedo, Ocean Pacificm and a number of designer brands, held back total company consolidated growth for the first quarter as sales in the division rose just 1.4% for the period to $157.4 million, co
Roger Talermo Provides More Insight into the Amer Sports Salomon Acquistition…
When Roger Talermo joined Amer Group ten years ago he had a very clear and ambitious goal in mind for the company. He wanted it to become the largest sports equipment manufacturer, period. Shortly before Mr. Talermo took the helm as chairman and CEO, the
Pacific Sunwear Q1 Growth Stymied by Weather, Shift in Trends…
Pacific Sunwear saw some key categories at its PacSun stores go negative or slow down in April, impacting same-store and total sales for the first quarter, while the company continues to chase the trends at both of its nameplates as fashion trends shift a
Quiksilver Hawking at Kohl’s…
Kohl's Corp. and Quiksilver, Inc. jointly announced the signing of a license agreement under which Quiksilver would grant exclusive rights to the Tony Hawk clothing brand to Kohl's. The license encompasses a range of apparel and related products
The Buckle Sees Q1 Profits Jump 46%…
The Buckle, Inc. reported that net sales for the first quarter ended April 30 increased 11.4% to $105.5 million. Comp store net sales were up 6.4% for the quarter, on top of an 11.6% increase in last year’s quarter. Net income for the quarter jumped 46.4%
Adams Golf Sees Q1 Decline in Fairway Woods Overshadow Driver Gains…
Adams Golf would have seen flat operating income in the first quarter without a $965,000 reimbursement from its insurance company related to the embezzlement of $970,000 by a former employee. The loss had been expensed in the years when the activity occu
NGF: Rounds Played Down for March…
Same-store rounds played in the U.S. fell 10.8% in March 2005 vs. March 2004, according to data provided to NGF by golf course operators around the country. The resulting year-to-date figure is 5.2% lower than the same period last year. In the Sunbelt, w
Sport Supply Group Gets Q4 Lift; Swings to Profit for Year…
Sport Supply Group, Inc. reported its fourth consecutive quarter of significantly improved operating results, with revenue for the fiscal fourth quarter ended March 31, 2005 increasing 12.8% to $27.4 million from $24.2 million in the year-ago period. SSG
Johnson Outdoors Shows Mixed Results in Fiscal Q2; Watercraft Improves…
The predicted slowdown in military tent sales became a reality at Johnson Outdoors during their fiscal second quarter ended April 1, but the softness in the category was offset by sales growth in the Marine Electronics division, driven by the acquisition
