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
GSI Commerce Narrows Third Quarter Loss
GSI Commerce Inc. saw revenues increase 1.8% to $190.3 million in the third quarter, above its guidance range of $181 million to $186 million. The net loss was reduced to $9.4 million, or 18 cents a share, from $14.2 million, or 30 cents, a year ago. Com
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…
Blacks Leisure Sees Wider First Half Loss; Submits Re-Org Plan
Blacks Leisure Group PLC submitted a restructuring plan to its bank after significantly increasing its losses in the first half due to continued losses at its Boardwear division. The U.K. outdoor retailer, which runs the Blacks and Millets chains, said it
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
Volcom Starts to See Market Stabilize, but Q3 Weak
Volcom, Inc. management feels it has successfully weathered the economic storm to-date and Chairman and CEO Richard Woolcott believes “the skies are beginning to clear.” In a conference call with analysts, Woolcott said revenues derived 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…
USA Shooting and Gunbroker.com Partner for Online Auction
USA Shooting and GunBroker.com are announcing a month-long, online auction of guns and other USA Shooting related items to benefit the USA Shooting Team. The announcement was made jointly by Buddy DuVall, USA Shooting Director of Marketing, and Steve Urva
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…
NRA Sues Seattle Over Illegal Gun Ban
On October 28, NRA filed a complaint in the Superior Court of Washington State against the City of Seattle, asking the court to enjoin and declare invalid a recently enacted parks and recreation administrative policy that prohibits firearms in parks, comm
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
Dept: of Treasury: Quarterly Firearm and Ammunition Excise Taxes up 52%
According to the most recent Firearms and Ammunition Excise Tax Collection Report, released by the Department of the Treasury, firearm and ammunition manufacturers report excise tax obligations to be more than $122 million in the second calendar quarter o
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
State and Tribal Wildlife Grants Receive Congressional Funding Boost
Last week, Congress approved $90 million for the State and Tribal Wildlife Grants Program as part of the $32.2 billion Interior, Environment and Related Agencies Appropriation Act for 2010. The increase is $15 million over last year's level and also
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…
