SGB Update Outdoor

Foot Locker Beats Street Estimates for Q4; Net Up 21%

Foot Locker, Inc. reported net income for its fourth quarter ended January 29, 2005 increased 21% to 57 cents per share, or $89 million, from 47 cents per share, or $71 million in Q4 last year. Sales increased 15.1% to $1.54 billion this year compared wi

Rebel Sports H1 Income Slips on Slight Sales Gain…

Rebel Sports, Australia’s largest sporting goods retailer, issued a preliminary sales report in January for the first half of 2004-05 (See SEW_0506). In the company’s more recent, fully audited first half financial release, Rebels Sports reported a 4.4% s

PacSun Issues Corrections Due to Lease Accounting

Pacific Sunwear announced that it will correct its accounting for leases after the company's review of the matter and after discussion by management and the Audit Committee of the Board of Directors of the company with Deloitte & Touche, LLP, its ind

Billabong Sees H1 Profit Growth Outpace Sales Gains…

Billabong International, Ltd. saw net profit rise 73% from A$41 million ($28.2 mm) last year to A$70 million ($51.4 mm) for the first half of the 2004/05 fiscal year while EPS lifted 70% to 34 cents per share. Total sales rose 37% to A$419 million ($307.5

Outdoor Industry Focuses on Sustainability…

Declining participation, the obesity epidemic, federal funding, consolidation… There seems to be no end to the list of issues that the Bicycle, Outdoor, and SnowSports industries must deal with. However, judging by the SRO crowd at the Environmental Sust

Skechers’ Solid 2004 Results May Point to Turnaround…

Skechers USA looks to be heading in the right direction after posting a sold fourth quarter that benefited from fewer markdowns and close-outs that drove up average selling prices in footwear, as well as tighter controls on everything from selling expense

OIA Redoubles Efforts to Help Protect Recreation Areas…

As the climate for public policy and environmental issues heats up, Outdoor Industry Association (OIA) has fired up its commitment and efforts to protect the pristine lands and waterways that are the lifeblood of the outdoor industry—the outdoors themselv

Bob’s Stores in Makeover Mode…

Bob's Stores finished its first full year under the TJX umbrella with $291 million in sales, a $17 million operating loss and only one net new store, bringing the total number of doors to 32 at year-end. Management said the performance of the divisi

This Mailman’s Looking for His Pension…

The Los Angeles Times is reporting that Karl Malone has brought a suit against Dada Footwear claiming the Los Angeles shoe maker failed to pay him the $65,000 he was owed from an endorsement contract…