SGB Update Outdoor

Reebok: DOH! Part Too…

February 24, 2003

I believe it was Jim Carey in his unforgettable performance in The Mask that first exclaimed the words, “Somebody Stop Me!”, but someone at Reebok should be looking in the mirror and shouting the same this week after the company announced its latest retai

As Rawlings Investor Gives Go Ahead…

February 24, 2003

Daniel Gilbert, who holds nearly 15% of Rawlings' stock, said he has become comfortable with K2 CEO Dick Heckmann's vision for Rawlings and will support KTO’s purchase of the venerable sporting goods brand…

IT’S DONE. Gart and TSA Merge…

February 20, 2003

Gart Sports Company and The Sports Authority, Inc. announced that their boards of directors have unanimously approved a definitive agreement providing for a merger of equals to create the nation's preeminent sporting goods retailer. The combined comp

U.S. to Push for Limit on Vietnamese Textiles

February 20, 2003

Trade negotiators today will discuss limiting Vietnamese clothing exports to the United States following skyrocketing sales during the past year…

Gilbert Drops K2/Rawlings Objections; Declines Board Seat

February 20, 2003

Investor Daniel Gilbert, a nearly 15% stakeholder in Rawlings Sporting Goods Company, Inc., announced Wednesday that he is now supporting the proposed merger with K2 Inc…

Reebok Expands Mall Presence to Limited Too

February 20, 2003

Reebok and Limited Too announced a partnership that includes Reebok footwear in Limited Too's stores, website, and “catazine” — the retailer's product and promotions guide which is mailed to more than 4 million girls several times per year…

JC Penney DS 2002 Operating Profit Up 27%

February 20, 2003

J. C. Penney Company, Inc. reported that earnings per share from continuing operations doubled to $0.68 for the fourth quarter and were $1.25 for the full year. Department Stores and Catalog Q4 LIFO operating profit increased 35%, or 160 basis points as

ShopKo Names Store Ops Head

February 20, 2003

ShopKo Stores, Inc. named Dan Bolstad senior vice president of ShopKo store operations, and logistics functions for the company's ShopKo and Pamida divisions…

Galyan’s to Keep Corporate Headquarters in Plainfield

February 20, 2003

After a yearlong search for a site to relocate its corporate headquarters, Galyan's Trading Co. has decided to stay in Plainfield. The company said Tuesday it will work with Plainfield over the next year to locate a building site for a state-of-th

Rocky Shoes and Boots 2002 Profits Jump 87% on 14% Sales Gain

February 19, 2003

Rocky Shoes & Boots, Inc. reported net sales declined 13.9% to $89.0 million for the year 2002 from $103.3 million the prior year. Net income rose to $2.8 million, or $0.62 per diluted share, for the twelve months ended December 31, 2002 from $1.5 million

Sportsman’s Guide 2002 Up 43% on 6.2% Sales Increase

February 19, 2003

The Sportsman's Guide reported sales were $180.3 million for the year ended December 31, 2002, an increase over the $169.7 million reported for 2001. The Company recorded net earnings of $4.0 million, or $0.80 per fully diluted share, for the year,

Gart Sports Q4 Comps Down 3.2%; Reaffirms Guidance

February 18, 2003

Gart Sports Company reported that it expects to meet its prior earnings guidance for the fourth quarter 2002 of $1.03 per fully diluted share and full year 2002 of $1.86 per fully diluted share.

Total sales for the 13 weeks ended February 1, 2003, were