SGB Update Outdoor
Gravis Expands Management Team…
Gravis footwear has added three new Director-level employees as part of a new emphasis by the Burton senior management team on the division. Anne-Marie Dacyshyn is the new Director of Product Marketing, Jason Heffron is the new Director of Marketing Commu
Aldila Rides Golf Surge to Q2 Profits…
Despite concerns about the health of the golf business, particularly with Callaway’s recent revelations, Aldila experienced a breakout quarter in Q2 as net sales jumped 44.4% to $14.3 million versus $9.9 million in the year-ago period. The increase was c
Golf Rounds Increase Slow in Q2…
The National Golf Foundation is reporting that total golf rounds played in the U.S. were up 2.5% for the first six months of the year when compared to the YTD period last year, but increased just 0.9% in the second quarter after a nice start in April…
GSI Commerce Slows Cash Burn Rate…
GSI Commerce increased second quarter net revenues 28% to $64.7 million compared to net revenues of $50.3 million in the year-ago period. Gross margin improved 500 basis points to 38.8% of sales versus 33.8% in Q2 last year. GSIC narrowed its net loss f
Unifi Makes Progress, but Still Bleeding Red Ink…
Unifi reported that net sales for the company’s fiscal fourth quarter declined 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margin was a meager 5.9%, a 270 basis point decline from the 8.6% margins reported last
Russell Corp. Organic Sales Up 3%; Earnings Up 52%
Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma
Indigo Grows Across all Seasons
As Indigo Equipment prepares to introduce several new lines of summer-oriented outdoor gear at the Outdoor Retailer show, the two-year-old company is seeing solid results as its mix of products evolves: As of July, more than half of Indigo’s spring/summer
Johnson Outdoors Income Jumps 48% on 11% Sales Gain
Johnson Outdoors net income for the third quarter was $7.5 million or 85 cents per diluted share, which reflected a 48.0 % improvement in net income over $5.1 million or 59 cents per diluted share earned last year. Increases in total Company net sales —
Unifi Q2 Sales Drop 7%; Net Loss Improves 63%
Unifi reported a net loss of $11.0 million or 21 cents per share for the quarter ending June 27, 2004, compared to a net loss of $30.5 million or 57 cents per share for the prior year June quarter. Net sales for the June quarter of $191.7 million reflect
K-Swiss Sees Q2 Sales Decrease but Beats Earnings Estimate
K-Swiss reported that total worldwide revenues decreased 3.3% to $107.9 million for the second quarter of 2004 compared with $111.6 million in the prior-year period. Domestic revenues decreased 9.7% to $88.5 million in the Q2 and international revenues in
SIA and CDC Sign New Alliance
SnowSports Industries America (SIA) and the US Department of Health and Human Services’ Center for Disease Control and Prevention have inked a new partnership to promote snow sports among kids aged 9-13 through the powerful national VERB™ campaign…
Garmin Second Quarter Sales Jump 32%
Garmin revenue for the quarter increased 32% to $189.7 million from $143.5 million in the year-ago quarter. Net income was $56.3 million, or $0.52 diluted earnings per share, compared to $47.2 million or $0.43 diluted earnings per share in the year-ago q
Russell Signs Deal with Mid-Eastern Athletic Conference
Russell has signed an agreement with the Mid-Eastern Athletic Conference to supply athletic apparel, team uniforms, balls and sports equipment to nine teams in the southeast. The company announced in April it had signed agreements with the Southwestern At
Collegiate Pacific Awarded 5-Year GSA Contract
Collegiate Pacific has been issued a five year contract by the General Services Administration to supply sports equipment to military and federal agencies worldwide. It is estimated that the GSA agencies spend over $100 million annually on sports and recr
Sugoi Inks Deal with Jeff2 Sporting Goods Agency
Sugoi has hired the Jeff2 Sporting Goods Sales Agency for the Greater Los Angeles area north to San Luis Obispo. Jeff Anderson and Jeff Darby, the principals of the agency, have over 20 years of professional sales experience and a total of over 40 years i
