Cybex Q3 Revenues Sink 17%
Cybex International, Inc. reported sales fell 17.1% in the third quarter to $29.0 million compared to $35.8 million a year ago. The company reported net income for the third quarter of 2009 of $0.1 million, or 0 cents a share, compared to $0.3 million, or
Cabela’s to Offer Customers Identity Protection
Cabela’s Inc. and LifeLock, Inc., a leader in proactive identity theft protection, have partnered to provide Cabela’s customers a special offer to help protect their identity…
Hillerich and Bradsby Found Liable for Player’s Death
A jury in Clark County, MT, found Hillerich & Bradsby Co., the parent of Louisville Slugger, liable for the 2003 death of an 18-year-old who was hit in the head by a batted ball. The jury awarded $850,000 to the family of Brandon Patch, the player who die
Play It Again Parent Sees Q3 Profit Gain
Winmark Corporation, the parent of Play It Again Sports, reported earnings grew 33% in the third quarter ended Sept. 26, to $1.8 million, or 33 cents a share, from $1.35 million, or 24 cents, a year ago. Revenues grew to $9.8 million from $9.1 million…
Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999 against Adams Golf, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial pub
Former Mission-Itech Hockey CEO to Head LPGA
Michael Whan, most recently CEO of Mission-Itech Hockey, has become the new commissioner of the LPGA (Ladies Professional Golf Association). Mission-Itech was acquired by Bauer Hockey in September 2008…
CIT Group Files for Bankruptcy Protection
CIT Group Inc., the commercial lender and the leading factoring company in the U.S., filed for bankruptcy in an effort to cut $10 billion in debt following a failed debt exchange and U.S. taxpayer bailout…
Water Restrictions Threaten Waterfowl in Colorado River Basin
Limited water resources in the Highland Lakes are driving the Lower Colorado River Authority to propose reductions in “interruptible” water, the lifeblood of rice farmers and other producers that rely on LCRA’s irrigation districts in Ma
Diadora Licenses Soccer in the U.S.
Golden Viking Sports, an entity owned and headed by former Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand, switching from a subsidiary arrangement. The license follows the sale of
Jarden Outdoor Solutions Sales Slide in Third Quarter
Jarden Corp. reported sales in its Outdoor Solutions group slid 8.8% in the third quarter to $565.7 million from $620.1 million in the year-ago period…
Under Armour Beats the Street in Q3, but Fourth Quarter Outlook Spooks Many
Under Armour, Inc. bested Wall Street expectations for the third quarter and initially saw UA shares jump after their earnings announcement last Tuesday, but shares later got hammered after analysts had a chance to measure the impact of guidance for the f
Amer Sports Third Quarter Net Falls on Weaker Wilson, Precor Sales
Amer Sports saw the third quarter largely mimic the trends the company saw in the first half of the year as a difficult sales environment negatively impacted the top-line and declining margins negatively impacted earnings…
LaCrosse Sees Military Lift in Q3
Congruent with a second quarter that saw strong military sales drive record margins, LaCrosse Footwear reported more of the same for third quarter, as the military business boosted the company’s Work business enough to compensate revenues lost from
Cabela’s Sees Guns and Ammo Gains Moderating
Cabela’s Inc. reported a better-than-expected profit for the third quarter, but issued guidance that indicated the fourth quarter would be softer than analysts originally estimated…
Lululemon Lifts Q3 Guidance
Lululemon Athletica Inc. hiked its Q3 guidance due to “stronger-than-anticipated” sales. The company now expects EPS in the range of 17 cents to 19 cents compared to its previous guidance in the range of 11 cents to 13 cents…
