SGB Update Outdoor

Huffy Corp. Files Chapter 11; Fights to Stay Alive…

Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company

K2 Inc. Keeps the Machine Moving as Acquisitions Start to Pay Off…

K2 Inc. was reaping the benefits of their marketing initiatives in the SnowSports industry in the company’s third quarter, as sales increased 98.5% to $333.5 million year-on-year and net income jumped almost 300%. KTO shares jumped 6.5% for the week to c

Timberland Feeds Off Int’l Gains in Q3…

Timberland saw a larger portion of its sales come from the International segment market in the third quarter, thanks in large part to FX rates shifts in currency. The Consumer Direct business — while lagging the growth rate of the Wholesale business – w

Kryptonite Parent Company Takes $10 Million Hit from Lock Snafu…

Ingersol Rand, parent company to Kryptonite Locks, took a $10 million write down in conjunction with the BIC pen issue reported last month in BOSS_0438. Operating margins for the company’s Safety & Security segment declined from 21.2% of sales in Q3 2003

OR Launches ‘Green Steps’

Based on numerous discussions at Summer Market and recent industry interest, Outdoor Retailer will showcase and highlight companies that are taking active steps towards a healthy and greener outdoor industry. Making its debut at the 2005 Winter Market Gre

Rocky Q3 Fueled by Retailer Expansion…

Rocky Shoes & Boots is riding a two-tiered wave made up of increased military sales and aggressive expansion strategies among several key retail customers. RCKY third quarter sales increased 21.0% to $50.1 million in sales, with roughly 10%, or $5.1 mill

Huffy Corp. Files Chapter 11; Fights to Stay Alive…

Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company

Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…

Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl

Unifi Cuts Fiscal Q1 Net Loss in Half

Unifi reported a net loss from continuing operations of $1.3 million or $0.02 per share for the quarter ending September 26, 2004 compared to a net loss of $2.6 million or $0.05 per share for the prior year September quarter.
Net income, including discont

Columbia Signs License Deal for Insulated Products

Columbia Sportswear Company has signed a license agreement with California Innovations, Inc. for the design, manufacture and marketing of a line of insulated products, including coolers, lunch packs, thermal mugs and bottles. Baby and diaper bags, designe

Timberland Q3 Net Income Up 29% on Balanced Sales Gains

Timberland reported record third quarter net income of $68.6 million and diluted EPS of $1.92, compared with Q3 2003 net income of $53.3 million and diluted EPS of $1.47. Revenue increased 11.3% to $493.9 million, driven by gains in both U.S. and interna

Reebok Sees 30.5% Increase in Q3 Net Income; THC Helps

Reebok International Ltd. reported net income for the third quarter increased 30.5% to $82 million, or $1.36 per diluted share, compared to net income of $63 million, or 96 cents per diluted share, in the third quarter of 2003. Net sales for the 2004 thi

New Day, Same Story: Margolis Out and Fireman Assumes Reebok Reins

Paul Fireman, chairman and chief executive officer of Reebok International Ltd., announced Thursday that Jay Margolis has resigned as president and chief operating officer of Reebok, and as a director on the Reebok Board. Fireman has committed to the Ree

VF Names Batten VP – Controller

VF Corporation has named Brad Batten as Vice President and Controller. Batten rejoins VF after serving at Sara Lee Corporation, a diversified consumer products company with worldwide revenues of $18 billion. While at Sara Lee Batten served as Vice Preside

Outdoor Coalition Accounts for 69% of VF Corp. Q3 Sales Gain

VF Corp. reported that third quarter sales rose 25% to $1,792.6 million from $1,435.4 million in the year-ago quarter. Net income increased 24% to $155.4 million from $125.3 million, with diluted earnings per share rising 21% to $1.38 from $1.14. Combine