SGB Update Outdoor
Pacific Cycle Pulls Dorel to Record Year…
Dorel was again able to leverage the acquisition of Pacific Cycle to boost both sales and earnings in the fourth quarter of 2004. Total company sales increased 42% during the quarter to $457.4 million, compared to $322.1 million last year. Pacific account
Quiksilver Fiscal Q1 Net Income Gets Nice Asia Pacific Lift…
Quiksilver's net revenues for the fiscal first quarter ended January 31 increased 33.6% to $342.9 million, from $256.1 million in the year-ago quarter. Excluding the addition of DC Shoes in the quarter, revenues increased approximately 22.6% for the
Prime Rate Investors to Acquire Skiershop Mountain Sports…
Prime Rate Investors, an affiliate of RSN and the owners of Stowe TV-10, has signed a letter of intent to acquire Skiershop Mountain Sports, a Stowe, Vermont based Bicycle, Outdoor, and SnowSports retailer…
adidas-Salomon Sees Q4 Profits Shrink on Weaker Salomon Results…
adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Orange 21 Sees Some Legal Action…
Orange 21 has received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. These three product styles accounted, in the aggregate, for less than 4% of Orange 21's sales for the 2004
Shoe Carnival Starts to See the Payoff…
Shoe Carnival, Inc. CEO Mark Lemond is starting to see his team’s strategy start to bear fruit as the family footwear retailer posted solid back-to-back monthly comp store sales gains for the last two months. Net sales for Q4 increased 7.2% to $143.9 mil
Thule Shows Solid Q4…
Thule finished off a strong fourth quarter, the first under new owner, Candover Partners (see BOSS_0444). Sales for the quarter increased 44% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) last year. Profitability improved
Gander Mountain Sales Increase 30.3%; Comps Fall 5.4%
Gander Mountain fourth quarter sales increased 30.3% to $237.2 million, an increase of $55.2 million over the fourth quarter of fiscal 2003. Comparable store sales declined 5.4% after an increase of 12.2% in the fourth quarter of 2003 and 12.0% in the fou
Shoe Carnival Changes Start to Bear Fruit; Q4 Net Up Ten Fold
Shoe Carnival, Inc. reported that net earnings for the fiscal fourth quarter ended January 29 increased to $1.2 million, or 9 cents per diluted share, from net earnings of $111,000, or a penny a share, in Q4 last year. Net sales for the quarter increased
Outlast to Enter Indian Market
Outlast Technologies has appointed Mr. Raj Pillai as the Managing Director of the soon to be formed “Outlast Technologies, India”. Mr. Pillai has been overseeing the entry of Outlast Technologies, Inc., a global technology company, into the Indian sub-con
Prime Rate Investors to Acquire Skiershop Mountain Sports
Prime Rate Investors, Inc. signed a letter of intent to acquire Skiershop Mountain Sports, the Stowe, Vermont based retailer of skis, bikes, and outdoor gear and apparel. Its e-tail platform www.skiershop.com is featured as “Best of the Web” on Forbes.com
Vail Swings Back to Profits in Fiscal Q2
Vail Resorts' “Resort revenue,” the combination of mountain and lodging revenues, rose $17.4 million, or 7.3%, from $239.4 million to $256.8 million. Resort expense increased 5.2% from $164.9 million to $173.4 million, up $8.5 million. Total revenue
Mountain Khakis Announces Sales Team
Mountain Khakis has launched their North American sales team. The company stated that the team is made up of 14 enthusiastic industry leaders dedicated to meeting the needs of mountain lifestyle enthusiasts from coast to coast…
Quiksilver Sees 34% Revenue Increase; Income Jumps 55%
Quiksilver's net revenues for the first quarter of fiscal 2005 increased 34% to $342.9 million as compared to fiscal 2004 first quarter consolidated revenues of $256.1 million. Consolidated net income increased 55% to $14.2 million as compared to $9.
Sears/Kmart Merger Gets Thumbs Up from ISS
Institutional Shareholder Services (ISS), the nation's leading independent proxy advisory firm, has recommended that Sears, Roebuck and Co. shareholders vote for Sears, Roebuck's proposed merger with Kmart Holding Corporation at the company'
