Aldila Rides Golf Surge to Q2 Profits…
Despite concerns about the health of the golf business, particularly with Callaway’s recent revelations, Aldila experienced a breakout quarter in Q2 as net sales jumped 44.4% to $14.3 million versus $9.9 million in the year-ago period. The increase was c
Golf Rounds Increase Slow in Q2…
The National Golf Foundation is reporting that total golf rounds played in the U.S. were up 2.5% for the first six months of the year when compared to the YTD period last year, but increased just 0.9% in the second quarter after a nice start in April…
Gildan Continues Efforts with FLA…
After announcing that it would be closing its El Progreso, Honduras, sewing facility (see SEW_0430), Gildan Activewear has responded to the Fair Labor Association’s independent audit of the facility. The audit brought up several deficiencies, but did not
GSI Commerce Slows Cash Burn Rate…
GSI Commerce increased second quarter net revenues 28% to $64.7 million compared to net revenues of $50.3 million in the year-ago period. Gross margin improved 500 basis points to 38.8% of sales versus 33.8% in Q2 last year. GSIC narrowed its net loss f
Dick’s Closes Galyans Deal; Plans More Stores…
Dick's Sporting Goods completed its $362 million acquisition of Galyan's on Thursday via a deal structured as a merger. With the 48 Galyans doors, Dick’s now has 221 stores in 32 states which had combined sales of about $2.2 billion in the last
Rocky Q2 Boosted by Military Sales; Sees New Focus on Retail…
Rocky Shoes & Boots benefited not only from their latest military deal, but also from the company’s focused expansion of products in footwear, apparel and Gates gloves throughout the quarter. Overall, Rocky posted a 25.5% sales increase to $27.4 million i
Unifi Makes Progress, but Still Bleeding Red Ink…
Unifi reported that net sales for the company’s fiscal fourth quarter declined 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margin was a meager 5.9%, a 270 basis point decline from the 8.6% margins reported last
O’Keefe Takes President Reins at Mountainsmith
Greg Thomsen, general manager of Pacifica, LTD, parent company of Mountainsmith and 105 Meridien, announced Monday the appointment of Geoff O'Keeffe as president of both divisions. Geoff will be responsible for all consumer products under the Mountai
Granite Gear Hires Hundley as New Sales Rep
Granite Gear has hired Clay Hundley as sales representative supporting the South Central U.S. region, including Texas, Louisiana, Arkansas, and Oklahoma. Hundley is the principal of New River Sales based in Houston, Texas…
Everlast Expands Russia License; Adds Apparel
Everlast Worldwide Inc. has signed another licensing agreement with Sparta Ltd., a sporting goods and apparel manufacturer and distributor based in St. Petersburg, Russia. Sparta will expand its Everlast products to include men's, women's, and
Sporting Goods Drives Escalade Q2 Sales Gain
Escalade, Inc. reported that second quarter net sales of Escalade Sports' sporting good products rose 15.9% to $30.6 million, reflecting the inclusion of the Bear Archery acquisition for the full quarter and the “return to more normal shipping patter
Russell Corp. Organic Sales Up 3%; Earnings Up 52%
Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma
Indigo Grows Across all Seasons
As Indigo Equipment prepares to introduce several new lines of summer-oriented outdoor gear at the Outdoor Retailer show, the two-year-old company is seeing solid results as its mix of products evolves: As of July, more than half of Indigo’s spring/summer
Johnson Outdoors Income Jumps 48% on 11% Sales Gain
Johnson Outdoors net income for the third quarter was $7.5 million or 85 cents per diluted share, which reflected a 48.0 % improvement in net income over $5.1 million or 59 cents per diluted share earned last year. Increases in total Company net sales —
Unifi Q2 Sales Drop 7%; Net Loss Improves 63%
Unifi reported a net loss of $11.0 million or 21 cents per share for the quarter ending June 27, 2004, compared to a net loss of $30.5 million or 57 cents per share for the prior year June quarter. Net sales for the June quarter of $191.7 million reflect
