Cabela’s Q3 Earnings Surge on Healthier Margins
Cabela's Inc. reported revenues grew 5.5 percent to $678.6 million in the third quarter. Retail store revenue increased 6.8 percent to $393.8 million, but comps dipped 1.6 percent for the period. Net income jumped 64.8 percent to $35.6 million, or 50
Iconix Q3 Revenues Slide 5 Percent
Iconix Brand Group reported earnings slid 5.3 percent in the third quarter to $26.0 million, or 34 cents a share, from $27.4 million, or 37 cents, a year ago. Revenues, largely royalties from licensed agreements, fell 4.3 percent to $92.7 million…
Brunswick Corp. Returns to Profitability in Q3
Brunswick Corp.'s sales in the third quarter grew 7.5 percent to $867.7 million. Earnings came in at $4.7 million, or 5 cents a share, rebounding from a loss of $7.2 million, or 8 cents a year ago. Excluding restructuring charges, loss on early extin
Skechers Launches Japanese Subsidiary
Skechers USA, Inc. plans to double its business in Japan over the next three to five years with the launch of its new subsidiary, Skechers Japan, G.K. The company will assume direct distribution of its brand from Achilles Corporation…
Under Armour Unveils New Basketball Ad Campaign
Under Armour unveiled its new “Are You From Here?” campaign for its new Micro G basketball collection. Under Armour NBA players Brandon Jennings, Derrick Williams, Greivis Vasquez and Kemba Walker were on hand at a media event at Openhouse Gallery in New
Timberland Opens Earthkeeping Pop-Up Experience
Timberland has opened up a temporary pop-up booth for its Earthkeepers brand at the Flatiron Pedestrian Plaza in New York City this week. Made with reclaimed and recycled materials, the booth showcases the latest eco-minded footwear from the Timberland Fa
Cabela’s Sells $300 Million in Notes
Cabela’s Inc. said it was able to sell $50 million more in notes than initially planned at lower interest rates than just four months ago. The retailer will use the $300 million in proceeds from its latest securitization transaction to refinance ass
Deckers Outdoor Q3 Revenues Catapults 49 Percent
Deckers Outdoor Corp. reported third-quarter revenues jumped 49.1 percent to $414.4 million compared to $277.9 million in the prior year. The gains were again powered by the Ugg brand, where sales rose 47.3 percent. Teva revenues grew 7.3 percent. Earning
Crocs Q3 Profits Jump 21 Percent
Crocs, Inc. reported revenues for the third quarter of 2011 increased 27.5 percent to $274.9 million compared to revenue of $215.6 million in the third quarter of 2010. In line with a warning given on Oct. 17, net income increased 20.8 percent to $30.2 mi
Equip Closes $33 Million Lowe Alpine Acquisition
Equip Outdoor Technologies Ltd. said it closed on its £20 million ($33 mm) purchase of Lowe Alpine, a 44-year-old brand that had been withering under Italian ownership. Matrix Private Equity Partners, which helped finance the acquisition, has taken a mino
SCARPA Hires Velocity Sales as Rep Agency in New England
SCARPA North America has hired Velocity Sales to represent the SCARPA brand in New Hampshire, Vermont, Massachusetts, Maine, Connecticut and Rhode Island…
First NikeTown to Close
NikeTown Portland, the first NikeTown ever opened, will close its doors on Friday. It will be replaced by a store at 638 S.W. Fifth Avenue at Morrison to open on Nov. 4…
Compass Diversified Secures $515 Million in New Debt Financing
Compass Diversified Holdings, which owns Fox Racing Shox and CamelBak, continues to build its war chest. The diversified holding company said it secured $515 million in new debt financing to expand its existing businesses and finance acquisitions. The iss
Shoebuy Acquires CozyBoots.com
Shoebuy.com has acquired CozyBoots.com. Founded in 1994, CozyBoots.com is the original online dealer of Ugg footwear and is dedicated exclusively to the Ugg Australia brand…
Callaway Golf Records Steep Q3 Loss
Callaway Golf Company reported third-quarter revenues slid 1.7 percent to $173 million, compared to $176 million last year. Its net loss in the period widened to $65.2 million, or $1.01 a share, from a loss of $20.9 million, or 33 cents, a year ago. The
