Shoe Carnival Changes Start to Bear Fruit; Q4 Net Up Ten Fold
Shoe Carnival, Inc. reported that net earnings for the fiscal fourth quarter ended January 29 increased to $1.2 million, or 9 cents per diluted share, from net earnings of $111,000, or a penny a share, in Q4 last year. Net sales for the quarter increased
Outlast to Enter Indian Market
Outlast Technologies has appointed Mr. Raj Pillai as the Managing Director of the soon to be formed “Outlast Technologies, India”. Mr. Pillai has been overseeing the entry of Outlast Technologies, Inc., a global technology company, into the Indian sub-con
Cutter and Buck Narrows Fiscal Q3 Net Loss
Cutter & Buck Inc. announced that net sales increased 7.6% to $24.2 million in its third fiscal quarter ended January 31, compared to $22.5 million in the year-ago quarter. Gross margin for the period rose 70 basis points to 45.2% of sales. CBUK narrowe
Prime Rate Investors to Acquire Skiershop Mountain Sports
Prime Rate Investors, Inc. signed a letter of intent to acquire Skiershop Mountain Sports, the Stowe, Vermont based retailer of skis, bikes, and outdoor gear and apparel. Its e-tail platform www.skiershop.com is featured as “Best of the Web” on Forbes.com
Vail Swings Back to Profits in Fiscal Q2
Vail Resorts' “Resort revenue,” the combination of mountain and lodging revenues, rose $17.4 million, or 7.3%, from $239.4 million to $256.8 million. Resort expense increased 5.2% from $164.9 million to $173.4 million, up $8.5 million. Total revenue
Mountain Khakis Announces Sales Team
Mountain Khakis has launched their North American sales team. The company stated that the team is made up of 14 enthusiastic industry leaders dedicated to meeting the needs of mountain lifestyle enthusiasts from coast to coast…
Quiksilver Sees 34% Revenue Increase; Income Jumps 55%
Quiksilver's net revenues for the first quarter of fiscal 2005 increased 34% to $342.9 million as compared to fiscal 2004 first quarter consolidated revenues of $256.1 million. Consolidated net income increased 55% to $14.2 million as compared to $9.
Hibbett Posts First $100 Million Quarter; Net Up 27% for Q4
Hibbett Sporting Goods, Inc. reported net sales for the fiscal fourth quarter ended January 29 increased 17.4% to $107.1 million, compared with $91.2 million for the year-ago period. Comparable store sales increased 5.2%. Preliminary net income for Q4 in
adidas Q4 Net Declines 26% on GM Decline, Growth Investment
adidas-Salomon reported that fourth quarter net sales for the Group increased 10% on a currency-neutral basis with improvements coming from all regions. This represents growth of 6% in Euro terms to €1.43 billion ($1.86 bn) in Q4 2004 from €1.35 billion (
Smith Optics Brings in New Product Manager
Smith has brought on a new Sunglass Product Manager, Keith Achman. Achman will fill previous Sunglass Product Manager Eric Carlson's spot, as Carlson was promoted to the newly created position of Director of Product and Merchandising. Achman comes to
Famous Footwear the Lone Bright Spot for Brown Shoe in Q4
Brown Shoe Company, Inc. reported that net sales for the fourth quarter ended January 29 rose 9.8% to $476.5 million from $433.8 million in the year-ago quarter.
Net earnings were $8.5 million, or 46 cents per diluted share, versus $4.7 million, or 25 cen
Dorel Sees Q4 Boost From Pacific Cycle and Schwinn’s Sting Ray
Dorel revenues for the fourth quarter rose to $462 million, up 42.7% from $323.7 million a year ago. Net income for the fourth quarter jumped 69.6% to $34.7 million from $20.5 million. Income per share for the final quarter was $1.05 fully diluted, compar
Kona Expands Bike Park Program
Kona Bicycle Company has expanded their 2005 “Groove Approved” bike park program to include 9 of the world’s leading mountain bike park resort destinations. Kona provides these parks with access to a fleet of downhill bikes for riders, several 'Stab
REI 2004 Sales Jump 10.2%; Comps are Up 5.3%
REI’s fiscal 2004 sales increased 10.2%, from $805 million to $887 million for 2004. REI's 2004 operating income increased from $56 million to $72 million, with $25.3 million in net income. This rose from 2003’s net income of $19.1 million. Comp stor
REI to Open Another North Carolina Location
REI plans to open a store in Raleigh, N.C., in November 2005 at North Hills. The 25,500 square-foot, two-story store located at North Hills in North Raleigh will employ about 55 full- and part-time staff. It is being leased from Kane Realty Corporation. N
