K2 Third Quarter Sales Jump 99% with 12% Organic Growth
K2 Inc. reported sales for the third quarter
ended September 30, 2004 of $333.5 million, an increase of 99% from $168.0 million in the prior year, and diluted earnings per share were $0.26. Operating income in the third quarter of 2004 was $27.6 million,
Congress Declares ‘National Take a Kid Mountain Biking Day’
According to the IMBA, in an effort to get kids more active and help fight childhood obesity, the U.S. House of Representatives has passed a resolution officially declaring “National Take a Kid Mountain Biking Day.” The legislation is in memory of Jack Do
Sportsman’s Guide Expects Record Q3 Sales and Earnings Growth
The Sportsman's Guide's consolidated net earnings per share for the third quarter of 2004 are expected to be in the range of $0.19 to $0.20, on sales of approximately $56 million. Last year the Company reported net earnings per share of $0.13, o
Champs Sports New Title Spnsor for Bowl Game
Champs Sports, a division of Foot Locker, Inc., and Florida Citrus Sports (FCS) have announced a partnership to present the Champs Sports Bowl in Orlando, Fla. The 2004 Champs Sports Bowl, formerly known as the Tangerine Bowl, will be played here on Decem
Unifi Downsizes Recently Acquired Invista Facility
Unifi will be shutting two production lines and downsizing its recently acquired Kinston, North Carolina facility. The Company operates four production lines at the facility currently. The Company expects to close a line in December 2004 and the second li
Cybex Swings Back to Profitability in Q3
Cybex net sales for the third quarter were $24.9 million versus $21.8 million for the comparable 2003 period, an increase of 14%. Net income for the quarter ended September 25, 2004 was $410,000 or 3 cents per share on a fully diluted basis, compared to a
Lowa Realigns Sales Territories in West
Peter Sachs, general manager of LOWA Boots in the U.S., has appointed Dan Hill as company representative in Southern California, Southern Nevada, and Arizona. Dan has been with LOWA for the past six years covering Northern California and Northern Nevada a
Jim Hill Receives Leo Harris Award from University of Oregon
Jim Hill, SportHill's founder and president, was presented with the Leo Harris Award on Saturday, October 16, 2004. The presentation occurred during half time at the University of Oregon Homecoming game at Eugene's Autzen Stadium…
WaterMark Relocates Certain Operations to Portland
In a statement made by Jim Clark, CEO of WaterMark, the company announced it will relocate some of its business functions to Portland, Oregon, beginning in early 2005. The company will maintain a portion of its operations in Arcata, and has renewed the l
CenterStone Goes Global with New Stregic Partnership
CenterStone Technologies, Inc., a Denver-based developer of Web software and services for managing sales orders, has announced a strategic partnership with Pulpsport S.A., a European sales order management provider for the sports and fashion industries. T
Solstice Signs Pale Morning Media
Solstice has signed Pale Morning Media to provide product publicity support for their spring 2005 line. Pale Morning Media will design and implement a fall public relations
campaign to publicize Solstice and their growing assortment of warm-weather gear..
Callaway Posts Q3 Loss on 16.4% Sales Drop
Callaway Golf Company reported third quarter net sales fell 16.4% to $128.5 million, resulting in a net loss of $35.9 million, or a net loss of 53 cents per fully diluted share. Included in both the net loss and fully diluted net loss per share were charg
The Athelte’s Foot Closes on Long-Term Credit Facility
The Retail Finance Group of GMAC Commercial Finance announced the closing of a long-term $20 million senior secured credit facility to provide ongoing working capital needs to The Athlete’s Foot Stores, LLC…
Head Inks Multi-Year Agreement with Ferraro
HEAD announced the addition of two-time Grand Slam winner Juan Carlos Ferrero to its player roster during the TMS Tournament in Madrid. The worldwide, multi-year agreement includes HEAD tennis racquets, bags and accessories and Penn tennis balls. As a p
Fox River Taps Extreme Skier for Women’s Effort
Fox River Mills is partnering with champion extreme skier Alison Gannett to promote and refine Fox River’s women’s sock line. Specifically, Gannett will lead the technical design team on Fox River’s winter sport socks for women, as well as provide design
