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…
Timberland Surprises Wall Street with Third Quarter Profit Jump
The Timberland Company saw third quarter results outpace market expectations as the company said it is seeing growing momentum in Europe, regaining traction in the classics business with its iconic boot and handsewns, and forecast improved gross margins i
Shimano Group Sees Q3 Sales Declines Moderate, but Weakness Continues
Shimano Inc. said that any decisive economic recovery never materialized in the third quarter despite signs of recovery in Asia. The company said the worst of the recession appears to be past in Japan, but excess manufacturing and excess labor have not b
Ruger Sees New Products, Continued Demand Boost Third Quarter Results
Sturm, Ruger and Company, Inc. said the third quarter of 2009 was boosted by a continued consumer demand in firearms and subsequential unit sell-through that spiked 50% over last year’s third quarter…
HBI Q3 Sales Down, but Champion Sees Gains
Hanesbrands Inc., the parent of Champion, reported sales declined 8% $1.06 billion in the third quarter. But the company said significant net retail shelf-space and distribution gains are expected to drive approximately 5% sales growth in 2010…
Michael Crooke Exits prAna
Michael Crooke has stepped down as CEO of prAna Living, LLC. Co-founder Beaver Theodosakis will re-assume the position of CEO but expects to announce a search for a new CEO sometime in 2010. Scott Kerslake, the founder of Athleta who was brought in by Cro
VF Corp. Sees Strong Vans and TNF Business in Third Quarter
VF Corp. is beginning to see some green shoots in the economy and management is expecting a relatively stronger Q4 with improving holiday sales. However, unemployment still remains a concern and management feels that the consumer retail environment will r
Luxottica Sees North American Region Cripple Third Quarter
Luxottica sPa, the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.22 billion ($1.74 billion) for the third quarter of 2009, down 4.3% from €1.21 billion ($1.83 billion) in the prior year’s third quarter…
Brunswick Narrows 3Q Loss on Lower Charges
Brunswick Corp. reduced its net loss in the third quarter to $114.3 million, or $1.29 a share, from $729.1 million, or $8.29, a year ago, although the improvement reflected a reduction in restructuring charges to $28.8 million, or 32 cents a share, from $
Callaway Golf Sees Revenue Declines Soften in Q3; Promos Sink Margins
Callaway Golf continues to suffer from a weak market that has seen consumers continue to cut discretionary spending, a new reality that has had a profound effect on all golf manufacturers — especially high-end vendors like Callaway. Management for the Ca
Iconix Spikes Q3 Net; Buys Ecko
Iconix Brand Group, Inc.'s Q3 revenues rose 8% to $59.4 million. Profit rose 25% to $20.5 million, or 28 cents per share…
Golfsmith Q3 Sales, Earnings Down on Falling Tickets
Traffic levels finally evened out at Golfsmith International for the third quarter of 2009, but an increasingly wary consumer and a highly-promotional environment resulted in a lower average ticket, which in turn sunk earnings. Net sales for the golf reta
