SGB Update

ISA TanTec’s Wins Italian Tannery Scored LWG Silver Award

After a recent audit by the Leather Working Group (LWG), Scamosceria del Brenta srl (Scabrenta), the new member of international tanning group ISA TanTec has obtained a Silver award for the company’s Italian based tannery.

Crocs’ Q1 Earnings Soar

Crocs Inc. reported earnings rose 73.6 percent in the first quarter as sales improved 5.7 percent and operating expenses were reduced. Results topped Wall Street’s targets.

Nautilus Delivers Flat Earnings In Q1

Nautilus Inc. reported essentially flat earnings as a modest sales gain was offset by a 320 basis point drop in gross margins. Margins were impacted by a reduction in Direct gross margins, coupled with a shift in segment revenue mix from Direct to Retail.

Clarus Misses On Income As Sierra Acquisition Boosts Q1 Revenue

Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.

Delta Apparel Notches Slight Earnings Gain In Q2

Delta Apparel Inc. reported net earnings increased slightly in its second quarter ended March 31 on a 2 percent revenue gain. Gross margins in its branded segment and DTG2Go business offset the impact of higher raw materials on its activewear business.

Firearm Background Checks Slide In April

The Federal Bureau of Investigation (FBI) reported that adjusted firearms background checks (excluding permit checks and rechecks) were down 4.2 percent year-over-year (Y/Y) in April.