Delta Moving More Soffe Offshore…
Despite a dip in sales in its fiscal third quarter, Delta Apparel got a nice bottom line lift from improving gross margins and operating margins in the period ended April 2. Net sales for the period dipped less than 1% to $58.3 million from $58.8 million
Cabela’s Q1 Comp Sales Decline Leads to Decrease in Net Income…
Cabela's saw first quarter comp store sales decline 6.3%, due primarily to the last year’s grand opening of Cabela’s retail store in Penn., which brought this quarter’s comps down by 4.5 percentage points. The remainder of the comp-store decline was
Head Moves More Tennis Racquet Production to China…
Head Sport AG has decided to outsource 90% of its tennis racquet production from its European sites in Austria and the Czech Republic to China. The move is in response to the sharp rise in the Euro-Dollar exchange rates over the past two years and the sub
GSI Sees Sporting Goods Share of Total Sales Decline in Q1…
GSIC continues to expand its presence in the on-line retail world by expanding outside of its core sporting goods category and into consumer electronics, toys, and virtually any product that can be sold on-line. The company has also been expanding the ser
Russell Corp Points to Brooks as Key Q1 Driver for Growth…
Russell Corporation may have transitioned itself from an apparel manufacturing company to a sports apparel and equipment marketing company over the last five years, but it is its latest foray into the world of athletic footwear that fueled growth in the m
Winter Sports the Lone Drag on Amer Sports Group Sales…
Amer Sports Corporation reported its first quarter under a new name last week, posting currency-neutral increases across all divisions with the exception of the Atomic Winter Sports group. The company had to anniversary big numbers from Q1 last year when
K-Swiss Speeds Past Street Estimates in First Quarter on International Strength…
K-Swiss, Inc. posted a pretty healthy first quarter despite a decline in Domestic sales, easily crushing Wall Street earnings estimates by a wide margin. But the positive mood was tempered a bit by estimates for the second that led shares lower for the w
Cybex ‘Poised for Growth’ – Sales Up, Income Down…
Cybex net sales for the first quarter inched up 1.0% to $24.8 million compared to net sales for Q1 2004 of $24.4 million. Gross margin decreased 210 basis points to 35.8% compared to 37.9% while SG&A expenses ticked up 10 basis points to 32.6% of sales.
Columbia Wakes Up with a 2005 Hangover After Soft Outerwear Year in 2004…
Columbia Sportswear Company pointed to issues with the weather last year, increased competition from “recapitalized companies”, and their own product selection in the Outerwear category as reasons for a decline in future orders for Fall ’05. The company
Aldila’s Branded Business Boosts the Bottom-Line…
Aldila net sales were $17.8 million, a 16.3% increase compared to the 2004 first quarter, when the company had net sales of $15.3 million. While dollar sales are climbing at the company, unit sales are actually down in the double digits. This is the resul
VFC Outdoor Group Looking Smart as Acquisitions Fuel Future Growth…
VF Corporation would have seen sales increase just 2.8% in the first quarter ended March 31 excluding the impact of acquired businesses and the sale of its Playwear business. Instead, the $156 million in sales generated by the addition of Vans, Napapijir
Skechers USA Wins First Round in Class Action Fight; Future Looking Brighter…
Skechers USA appears to be in full rebound mode as gains from an expanding International business, strong owned-retail comps, and new brands and licensees helped push sales up 11.2% for the 2005 first quarter to $246.2 million, compared to $221.5 million
Delta Clarifies Fiscal Q3 EPS Results
Delta Apparel, Inc. noted that for its recently reported third quarter, the company's diluted earnings per share increased by 39.6% to $1.27 per diluted share (on a pre-split basis) compared to 91 cents in the year-ago period…
Reebok Q1 Results Show a Shift in the Business…
Reebok International Ltd. continues to integrate The Hockey Company into the Reebok Brand business, merging the Reebok Canada operation with THC’s operation and appointing Matt O’Toole, CEO of The Hockey Company, to lead the combined operation. Reebok Ca
LaCrosse Sees Q1 Sales Fall on Less Military Business
LaCrosse reported consolidated net sales of $18.9 million For the first quarter of 2005, a decline of 20.3% compared to $23.7 million in the first quarter of 2004. Last year's quarter included $4.3 million from GSA orders to the U.S. Military and $1.
