SGB Update

West Marine’s Lifestyle Sales Up Double Digits in Third Quarter

West Marine Inc.'s will accelerate a store revitalization program to accommodate more of the apparel, footwear, paddle sports, personal electronics and other lifestyle products after sales of those categories grew at double-digit rates in the third q

Under Armour Sees Hyper Growth Slowing Down

Under Armour delivered another blowout quarter with revenues jumping 29.7 percent and net income ahead 22.4 percent. The third-quarter performance again led the company to raise its targets for the year. But getting much of the attention was its initial f

TRX Promotes Paul Zadoff To President

TRX, the maker of functional training programs and creator of Suspension Training bodyweight exercise, has promoted Paul Zadoff to the role of president where he will head the TRX leadership team in charge of successfully driving the brand’s next ch

Pou Sheng Poised for Return to Profitability in 2014

Pou Sheng International (Holdings) Limited, which is one of the largest retailers and distributors of Adidas, Nike and other international athletic footwear, apparel and accessories brands in China, expects to report a profit for the nine months ended Sep

Callaway Golf Sees Annual Profit, Golf Industry Stabalizing

While sales still declined, Callaway Golf Co. trimmed its net loss in the third quarter, raised its EPS guidance for the year, and reiterated its vow that it expects to post its first annual profit this year since 2008. Said Chip Brewer, Callaway’s

POC to Relocate to Park City from Aspen

POC, the Swedish action sport brand owned by Black Diamond Inc., will relocated its North American office from Aspen, CO to Park City, UT in early November…

Ugg Rediscovers its Groove for Deckers Brands

Deckers Brands reported fiscal second-quarter results that beat analysts expectations with sales and earnings growth of more than 20 percent, prompting the parent of Uggs, Teva, Sanuk and Hoka One One to raise its estimates for its fiscal year…

Unifi Inc. to Invest $40MM to Boost Capacity in CAFTA/NAFTA Region

Unifi Inc. said it will increase its yarn texturing capacity in the U.S. and Central America to serve growing demand for its Repreve and other premium synthetic yarns from Hanesbrands, Patagonia, The North Face, DC, Quiksilver and other brands and retaile

Callaway Golf Cuts Q3 Loss

Callaway Golf Company reduced its net loss in the third quarter to $1.1 million, or 1 cent a share, from $22.9 million, or 32 cents, a year ago. Revenues decreased 5 percent to $169 million. The company raised its EPS guidance for the year and continues t

Brunswick Corp’s Q3 Revenues Climb 13 Percent

Brunswick Corporation reported adjusted operating earnings increased 45 percent in the third quarter on a 13 percent revenue gain. Fitness segment sales, including Life Fitness, and Marine Engine segment revenues, each grew 11 percent. Boat segment sales

Skechers Q3 Earnings Jump on 31 Percent Sales Gain

With double-digit increases in its domestic and international wholesale businesses and an 11 percent comp gain globally, Skechers USA, Inc. reported third-quarter earnings jumped 90.4 percent to $51.1 million, or $1.00 a share, exceeding Wall Street&#8217