Under Armour Lifts FY Guidance on Strong Q1
Under Armour, Inc.'s net revenues jumped 36.0 percent in the first quarter of 2014 to $642 million, representing a sixteenth straight quarter of at least 20 percent top-line growth. Net income surged 73.3 percent in the first quarter of 2014 to $13.5
Amer Sports Says Exchange Rates Offset First Quarter Sales Growth
Amer Sports reported net sales increased 6 percent currency-neutral in the quarter ended March 30, but said earnings before income taxes fell nearly 22 percent as the euro continued to rise against other currencies. The Finnish company said a mild winter
West Marine Widens Q1 Loss
West Marine Inc. reported net revenues were $113.3 million in its first quarter ended Mar. 29, a decrease of 0.8 percent compared to last year. Comparable store sales decreased by 1.7 percent. The net loss in the period widened slightly to $11.0 million,
Unifi’s Q1 Profits More Than Double
Unifi Inc. reported net income for the March 2014 quarter was $4.7 million, or 25 cents per basic share, compared to net income of $1.4 million, or 7 cents per basic share, for the prior year quarter, reflecting improved operating results in the company&#
Adidas Shifts Production From Strike-Disrupted China Factory
Adidas is shifting some production away from Yue Yuen's factory in Dongguan, China, where a strike has lasted 9 days. Adidas said in a statement released to media outlets, “In order to minimize the impact on our operations, we are currently rea
Accell Group Tells Shareholders Results Improving
Accell Group N.V. told shareholders Thursday that sales and profits improved in the first months of 2014 compared with the same period of 2013 as favorable weather in Europe stimulated sales of its bicycles…
Lost Surfboards Taps Quiksilver Veteran as First GM
Lost Surfboards has named surf industry veteran Dave Lester as its first general manager to oversee day-to-day operations. He joins the company from Quiksilver, where…
New Balance Foundation Supports Camp Sunshine’s 30th Anniversary
To help kick off Camp Sunshine’s 30th anniversary, the New Balance Foundation has offered a $300,000 challenge – matching all gifts from new and returning donors – to encourage support for the national retreat in Maine for children with life threate
Cabela’s Hits Q1 Earnings Guidance Amid Plummeting Gun and Ammo Sales
Cabela's Inc. said its first quarter profits met forecast after an anticipated, double-digit decline in same-store sales on the anniversary of last year's surge in gun and ammo sales. Despite the sharp decline, the retailer reported that the 14
Deckers Q1 Revenues Climb 11.7 Percent
Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million, led by a 15.8 percent gain for Ugg. Deckers showed a loss of $2.7 million, or 8 cents a share, better than the company'
Amazon.com Merchandise Sales Up 28 Perent in First Quarter
Amazon.com Inc. reported its North American sales of electronics and general merchandize, excluding media, increased 27.8 percent to $7.83 billion in the first quarter compared with the year earlier quarter…
HanesBrands’ Q1 Revenues Climb 12 Percent
HanesBrands, the parent of Champion, Hanes, and Gear for Sports, said that for the first-quarter 2014, net sales increased 12 percent to $1.06 billion, adjusted operating profit excluding actions increased 34 percent to $114 million, and adjusted EPS excl
Golf Galaxy to Open New Store in Paramus, NJ
Golf Galaxy plans to relocate its store in Paramus, NJ. The grand opening celebration is slated for May 2…
Under Armour Opens First Store in Manhattan
Under Armour opened the doors of its newest specialty retail location today at 583 Broadway in the SoHo neighborhood of New York City. With a focus on cutting-edge products and design, the SoHo Brand House is Under Armour's largest retail store to da
REI Report Shows Scrutiny of Apparel Factories Grew in 2013
Instances of non-compliance with REI’s Factory Code of Conduct quadrupled in 2013 as it doubled the number of visits to its factories and auditors heightened their scrutiny of safety and evacuation procedures in the wake of the Bangladeshi and Pakis
