Oakley’s Net Down 15.6% Despite 2.2% Sales Increase
Oakley's third quarter net sales increased 2.2% to
$148.2 million, a third quarter record, compared with $145.0 million in the third quarter of 2003. Net income for the third quarter totaled $11.4 million, or 17 cents per diluted share, compared with
Huffy Corp. Receives Court Approval of Dip Financing
Huffy Corporation has received interim approval for certain of the Company's first day motions, including arrangements for up to $50 million in debtor-in-possession financing from Congress Financial Corporation to fund post-petition operating expense
Kellwood Warns on Q3, Full Year Sales and Earnings
Kellwood Company, parent company to American Recreation, now expects net earnings in the third quarter to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is below the guidance provided in August of $32.5 million, or $1.15
Finish Line Announces Stock Split and Cash Dividend
The Finish Line, Inc. Board of Directors has declared a two- for-one split of the Company's Class A and Class B common stock. On November 17, 2004, stockholders will receive one additional share of common stock for each share of common stock they own
Marika Group Appoints Marks Vice President
The Marika Group has appointed Shelley Marks as Vice President. Previously, Marks spent more than 5 years at Jacques Moret as President of Etonic Apparel and President of Jockey Activewear, where both companies were licenses. Prior to Moret, Marks was Sa
Easton Partners with Licensing Firm to Expand Brand
Easton Sports has inked a partnership deal with Out Of The Box (OOTB), a full service company servicing licensors, licensees, retailers and inventors. The new relationship puts Easton in the hands of Jack Morrow, described by the comapny as “one of the l
Kittery Trading Post Opens New Bike, Board and Ski Shop
Kittery Trading Post has expanded its outdoor sporting goods categories by opening a full service ski and snowboard shop located 200 yards south of its flagship store on Route One in Kittery, Maine, in the former Dansk Square Mall…
Nike Names New VP of Corporate Responsibility
Nike, Inc. has appointed Hannah Jones, director of corporate responsibility for Nike's Europe, Middle East and Africa (EMEA) region for the past four years, to vice president of corporate responsibility. She succeeds Maria Eitel, who will become pres
Huffy Corp. Files for Chapter 11 Bankruptcy Protection
Huffy Corporation announced Wednesday that the company and all of its U.S. and Canadian subsidiaries have filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code. Huffy has received a commitment for $50 million in debtor-in-
Foot Locker Acquires 11 Stores in Ireland
Foot Locker, Inc. has purchased 11 stores in Ireland from the Champion Sports Group Limited. The transaction, which was effected through a wholly owned Foot Locker subsidiary, will enable the company to operate these stores under the Foot Locker brand. In
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
