Callaway Golf Posts Q2 Loss; Announces Restructuring Plan and Job Cuts
Callaway Golf Co. posted a narrower-than-expected loss for the second quarter ended June 30, but the company confirmed it has started cutting jobs as part of a restructuring plan engineered to streamline operations and maximize efficiencies…
Golfsmith Posts Second Quarter Profit Gain on Solid Comp Store Sales Increase
Golfsmith International Holdings, Inc. reported that sales for the fiscal second quarter ended July 2 improved 10.3 percent to $130.2 million from $118.0 million in the year-ago period…
Shimano Fiscal First Half Growth Stymied by Strong Yen, Earthquake
A strong yen and Japan’s earthquake and subsequent nuclear crisis caused earnings to plunge at Shimano in the company’s fiscal first half ended June 30…
Deckers Outdoor Slips To Second Quarter Loss But Boosts Full Year Outlook
Deckers Outdoor Corp. reported a loss in the second quarter due to the additional costs associated with the transition to wholesale operations in the U.K. and Benelux, opening stores and other infrastructure investments. But revenues continued to move up
Yaktrax and Highgear Partner With Polar Explorer Eric Larsen
Yaktrax and Highgear, both brands under Implus LLC, and Save the Poles leader Eric Larsen have signed a three-year sponsorship agreement that will last through 2014. As part of the agreement, Larsen will field test Yaktrax and Highgear products during his
Former NYC Marathon Winner to Endorse Skechers
Skechers USA, Inc.'s Fitness Group will launch a multi-media campaign for the year-end holidays featuring American distance runner Meb Keflezighi. The Skechers Fitness Group makes running, training and walking products under the Resistance, Shape-ups
Skechers Sees Toning Markdowns Drag Down Q2
Stung by heavy clearance sales to right-size toning inventories, Skechers USA, Inc. posted a net loss of $29.9 million, or 62 cents a share, in the second quarter…
DSW Inc. Begins Selling Kids’ Shoes at DSW.com;
DSW Inc. announced the official launches of kids' shoes on dsw.com and the company's mobile commerce site, m.dsw.com…
Iconix Q2 Profit Soars; Ups Full Year Guidance
Iconix Brand Group's earnings jumped 69.4 percent in its second quarter, to $41.5 million, or 55 cents per share. Revenues rose 17.5 percent to $89.3 million…
City Sports Enters New Credit Agreement With Wells Fargo
City Sports, the Boston-based specialty athletic retailer with 18 stores in several markets on the East Coast, entered into a new credit agreement and term loan with Wells Fargo Capital Finance. The new credit agreement provides for a revolving credit fac
Crocs Sees Q2 Profit Soar; Easily Tops Street View
With a continued strong response to newer styles, Crocs Inc.'s second quarter profit soared 71.9 percent to $55.5 million, or 61 cents a share. Revenue climbed 29.6 percent to $295.6 million. In April, the squishy-shoe maker projected earnings of 43
Kellwood Adds Yoga Brand
Kellwood acquired Zobha, a California maker of yoga and fitness apparel and accessories that distributes through yoga studios, fitness clubs and its own e-commerce site…
Cabela’s Reports Q2 Profit Surge on Revenue Growth, Fewer Charge-offs
Cabela’s Inc., reported that profits surged more than 20 percent for the fiscal second quarter ended July 2 on a strong top-line as well as improved same-store sales…
West Marine’s Profit, Sales Up in Second Quarter
West Marine, Inc. reported that sales for the second quarter ended July 2 improved 1.1 percent to $236.0 million from $233.4 million in the year-ago period. Revenues in the Retail Stores segment were $214.8 million, up 1.0% from 212.6 million in the year-
Columbia Sportswear Posts Strong Q2 Revenue Growth Despite Weaker U.S
Columbia Sportswear Company's inventory at second quarter-end swelled by $90 million, or about 30 percent, on a currency-adjusted basis, after a cool, wet spring caused U.S. retailers to cancel advance orders, the company said…