SGB Update

Under Armour’s Momentum Continues in Q2

With a particularly encouraging performance from its footwear category and international overall, Under Armour reported second-quarter results that exceeded expectations, prompting it to sharply raise its guidance for the full year. The company took its f

Deckers Outdoor Hikes Guidance on Robust Q1 Revenues

Deckers Outdoor reported fiscal first-quarter revenues jumped 24.3 percent, coming in well above Wall Street’s targets on the strength of strong double-digit growth for Ugg, Teva and Sanuk. With its loss in the traditionally small quarter for the co

Callaway Golf Claims Turnaround Continues

Callaway Golf Co. reported lower sales and profits in the second quarter but asserted that its turnaround is “well underway and positioning it for a return to profitability for the full year.”..

Fitness Pace’s Brunswick Corp. Q2 Revenues

Brunswick Corporation’s second-quarter sales grew 3.8 percent in the second quarter. Earnings rose 10.2 percent to $88.6 million, or 93 cents a share, besting Wall Street’s consensus estimate of 91 cents a share…

West Marine Slashes Guidance After Q2 Shortfall

Continuing to feel the impact of a slow start to the boating season due to “harsh winter and spring weather,” West Marine Inc. reported second-quarter earnings slid 17.7 percent to $18.3 million, or 75 cents a share, falling short of Wall Stre

Rocky Brands Q2 Revenues Climb Double-Digits

Rocky Brands, Inc. reported second quarter sales increased 15.8 percent to $68.8 million, led by double-digit sales increases on a percentage basis in its Work, Western, and Hunting categories…

HanesBrands Q2 Boosted by Activewear

HanesBrands, the parent of Champion, Hanes and Gear for Sports, reported that acquisition benefits, a strong Activewear performance, and increased operating efficiencies drove record second-quarter financial results. The company again raised its full-year

Skechers Delivers Blowout Quarter

Marking the highest quarterly sales in the company's 22-year history, Skechers USA, Inc. reported second quarter sales jumped 37.1 percent to $587.1 million…

Report: Dick’s SG Lays Off 478 PGA Golf Pros

Dick's Sporting Goods has laid off 478 Professional Golfers' Association (PGA) teaching pros, according to a statement from the PGA. PGA pros are still being employed at Golf Galaxy, also owned by Dick’s SG…

Sig Sauer Announces Layoffs

Sig Sauer, the maker of firearms, announced that it had laid off an unspecified number of employees. The company, based in Newington, NH, cited a decline in gun sales after record-high sales in prior years…

Amer Sports Swings to Q2 Loss on Restructuring Charges at Wilson

Amer Sports, which owns the Salomon, Wilson, Arc'teryx, Mavix and Suunto brands, announced the next phase of its restructuring would focus on its Ball Sports segment after reporting charges at its Wilson brand caused it to swing to a loss on higher

Under Armour’s Q2 Revenues Jump 34 Percent

Under Armour, Inc. reported revenues increased 34 percent in the second quarter of 2014 to $610 million led by a 35 percent gain in apparel and 34 percent hike in footwear revenues. Net income in the second quarter of 2014 of $18 million was unchanged com

West Marine Cuts Guidance After Q2 Shortfall

West Marine Inc. lowered its guidance for the year after a disappointing second quarter. Second-quarter earnings were down 17.7 percent to $$18.3 million, or 75 cents a share, short of Wall Street's consensus estimate of 86 cents a share. Comparable-

Brunswick Corp. Posts 4 Percent Q2 Sales Gain

Brunswick Corporation reported sales grew 4 percent in the second quarter. The gains were led by its Fitness segment, with sales climbing 7 percent; followed by Marine Engine, ahead 4 percent; and Boat segment, up 3 percent. On a GAAP and as adjusted basi