SGB Update

Garmin boosted their sales by 32.2% during the second quarter to $189.7 million. The consumer division accounted for 78% of Garmin’s sales for the quarter, and reported $148.5 million in revenue, a 30% increase compared to the second quarter of 2003. Mos

Johnson Outdoors continued its reliance on military and Marine Electronics through the third quarter, although some important new programs are being implemented to bring the rest of the company back to higher levels of performance…

The Rossignol Group is reporting that first quarter sales were down 5.3% to €37.0 million ($45.4 million) compared to €39.1 million ($43.2 million) for the company’s fiscal first quarter last year. The Ski division, which made up roughly 80% of the group’

The four-year search for a new CEO has been concluded at Malden Mills. Michael Spillane, the former president for Children’s Apparel & Men’s Underwear and Loungewear at Tommy Hilfiger U.S.A, has been named the president and chief executive officer…

Sport Chalet, the SoCal-based retailer that has built a business out a strong commitment to SnowSports, Outdoor, SCUBA, and other performance sports, has made the move to capture more of the team sports business. The retailer has acquired Bassco Sporting

The Senate-House conference committee working on reauthorization of the TEA-LU bill met twice this week, according to America Bikes Campaign Manager Emeritus, Martha Roskowski. TEA-LU provides funding for bicycle infrastructure, pedestrian trail systems,

Unifi reported that net sales for the company’s fiscal fourth quarter fell 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margins were 5.9%, a 270 basis point decline from the 8.6% margins reported last year. Unif

After revising its guidance downward earlier in the quarter, West Marine reported that sales increased 8.6% to $253 million in the second quarter of 2004, compared to $233 million last year. Comparable store net sales for the second quarter increased 4.6

PUMA AG again looked to Europe in the second quarter to lead the gain in sales for the period, but opened a few eyes on Tuesday when they announced that the currency-neutral growth rate in the order backlog for the Americas, which includes the U.S. market

Brunswick Corporation reported a strong second quarter, with double-digit sales gains evident across all divisions, while significant net income growth was impacted only by a decline in operating margins in the company’s Fitness division, which includes t

K-Swiss management feels they are heading into one of their cyclical business troughs, a situation the company feels they can handle as they have before. This time it looks as though the pullback at Foot Locker is having a profound impact on both sales a

Sport Chalet, the SoCal-based retailer that has built a business on a strong commitment to SnowSports, Outdoor, SCUBA, and other performance sports, has made the move to capture more of the team sports business. The retailer has acquired Bassco Sporting

Cabela’s saw a securitization transaction involving their credit card receivables impact their Financial Services segment’s' securitization income by roughly $2.0 million after tax, or three cents per diluted share, in the second quarter ended July 3

As anticipated, Russell Corporation got a nice lift in Q2 from the sale of its minority position in Marmot Mountain, adding about $4 million, or roughly 8.5 cents per share, to the bottom line in the quarter. Excluding the gain, RML would have still seen

Escalade, Inc. relied heavily on its sporting goods division to help post a sales gain in the second quarter, but the net income increase produced by Escalade Sports in Q2 wasn’t enough to keep the company in the black…