SGB Update Outdoor

Baseball Express Sees Sales Up 17%…

Online and catalog baseball equipment retailer Baseball Express “racked up sales of $40 million in 2002, up 17% from 2001”, according to president, Pat Cowles…

Galyan’s 2002 Profits Quadruple on 24% Sales Gain

Galyan's Trading Company announced earnings per share on a fully diluted basis were $1.09 per share, on net earnings of $18.7 million for the fiscal year 2002, compared to $0.32 per share on a fully diluted basis, on net earnings of $4.6 million for

G-III 2002 Profits Plunge 84% as Sales Flatten

G-III Group, Ltd. reported net sales for the twelve-month period ended January 31, 2003 were $202.7 million compared to $201.4 million last year. The Company reported net income of $382,000, or $0.05 per diluted share, for the twelve months ended January

Vans Reports Fiscal Q3 Loss on Flat Sales; Carver and Nagel to Leave

Vans, Inc. announced net sales for the third quarter of fiscal 2003 ended March 1, 2003 were $82.1 million compared to $82.2 million in the third quarter of last year. The Company reported a net loss of $9.2 million, or $0.51 per diluted share for the qua

Goody’s Posts 2002 Profit on Flat Sales

Goody's Family Clothing, Inc. reported net earnings for the year ended February 1, 2003 were $7.6 million, or $0.23 per diluted share, compared with a net loss of $20.2 million, or $0.62 per share, for fiscal 2001. Total sales for fiscal 2002 were $

Phoenix Footwear Group, Inc. Updates 2003 Outlook

Phoenix Footwear Group, Inc. commented on its recent failed bid for Antigua Enterprises, Inc. and also announced that for the 12 months ended December 31, 2003, it expects to generate earnings, after one-time charges related to relocation of the company&#

Hibbett Beats the Street in Q4…

Hibbett Sporting Goods shares were up 6% for the week to close at $24.40 on Friday as the small-market sporting goods operator beat both the Thomson First Call consensus estimate of 40 cents a share and HIBB's prior guidance of 39 cents to 41 cents a

Galyan’s Profits Up on Weak Comps…

Galyan’s, like so many others in our space, had strong profits on weak sales in the fourth quarter ended February 1, 2003. And like so many other retailers — given the economy and world events — they were unable to give sales guidance for the first qua

…As SVP’s Exit in Cost-Cutting Move

Vans announced that Art Carver, SVP of Global Operations, and Bob Nagel, SVP of Sales and Apparel, are leaving the company as of May 31, 2003. Vans CEO Gary Schoenfeld described the move as “an effort to reduce fixed costs”…

Wolverine Signs New Sock License Deal

Wolverine World Wide, Inc. has entered into a new licensing agreement with Iris Hosiery, Inc. of Montreal, Canada, to market Wolverine brand socks in North America…

Nike and Hurley Matching Up Nicely

Nike and Hurley International stunned the action-sports industry last year when the athletic shoe giant bought the relatively small but well-regarded Costa Mesa surf and skateboard clothing company. Skeptics feared the worst…

Hibbett Fiscal Year Net Income Jumps 27.5% on 3.9% Comp Gain

Hibbett Sporting Goods, Inc. reported net sales for fiscal year 2003 ended February 1, 2003 increased 15.8% to $279.2 million. Comparable store sales increased 3.9% in fiscal 2003. Net income for the year increased 27.5% to $14.7 million compared with $1

The Finish Line Promotes Four New VP’s

The Finish Line, Inc. Alan H. Cohen, President and Chief Executive Officer announced the promotion of four new vice presidents. Jason Prodouz has been named VP – Planning & Allocation, Todd M. Kuebel has been named VP – Inventory Management, Cindy Loren

Rumors Over, The Fila Sale Finally Happens…

The deal was announced Friday that would see the sale of all Fila Holding S.p.A operating businesses to Sport Brands International LLC, an affiliate of Cerberus Capital Partners, LP…