SGB Update

Deckers Q2 Profits Up 154% on 67% Sales Increase; Raises Guidance

Deckers Outdoor Corporation reported that second quarter net sales increased 67% to $40.5 million compared to $24.3 million in the same period last year. Net earnings for the quarter increased 154% to $5.1 million, compared to net earnings of $2.0 million

Sports Authority to Miss Q2 Projections; Comps Down More Than 4%

The Sports Authority, Inc. expects to report a same-store sales decline of 4% to 5% and fully diluted earnings per share of 41 cents to 48 cents, excluding merger integration costs, for the second quarter of fiscal 2004. This compares to the Company'

Reebok Sees Softer Apparel Impact Q2 Sales

Reebok International net income for the second quarter ended June 30, 2004 was $22 million, or 35 cents per diluted share, as compared to net income of $26 million, or 41 cents per diluted share in the second quarter of 2003. Net sales for the 2004 second

West Marine Q2 Sales Climb 8.4%; Comps Up 4.6%

West Marine EPS was $1.17 per share for the second quarter of 2004, marking the first time since going public that the Company has achieved quarterly earnings exceeding $1.00 per share. Net income was $25.2 million in the Q2, compared to net income of $19

Nautilus Files Second Suit Against Icon

The Nautilus Group has filed an additional trademark infringement lawsuit against ICON Health and Fitness, Inc., the manufacturer of the “CrossBow” and “CrossBar” equipment. The lawsuit, which was filed on July 21, 2004, in United States District Court fo

Dick’s SG Re-Affirms Second Quarter Outlook

Dick's Sporting Goods, Inc. has reacted to a number of negative reports from other sporting goods retailers this week and re-affirmed its outlook previously provided for the second fiscal quarter of 2004…

JFF’s Gilburne Gets Probation in Ad Charge Fraud Case

Adam Gilburne, the former president of Just for Feet stores, was sentenced by Chief United States District Judge U.W. Clemon to 60 months probation, $1,000.00 fine, and $389,000.00 in restitution. This sentencing follows his May 2004 guilty plea to one co

Lowa Launches Concept Shop at A -16

Visitors to Adventure 16's West Los Angeles store will be stopped in their tracks upon entering, if LOWA has anything to do with it. LOWA has just designed and installed the first and only concept shop within A-16…

C.A.M.P. USA Adds Crouse to Sales Team

C.A.M.P USA has hired mountaineer and sales representative, Bill Crouse as their Rocky Mountain region sales representative. C.A.M.P USA is rapidly growing in the U.S. with the addition of over 50 stores in just the past year. Crouse will support retailer

REI and Leave No Trace Launch Youth Education Program

REI and the Leave No Trace Center for Outdoor Ethics have launched a new program designed to educate children about the outdoors, and the responsible use of public lands.
The Promoting Environmental Awareness in Kids (PEAK) program, based on the seven Lea

Mountain Hardwear Forms EU Subsidiary

Mountain Hardwear has formed an affiliated company based in Thalwil, Switzerland that will handle the sales, marketing and distribution of Mountain Hardwear products in Germany, Austria, France, Italy, Belgium, Netherlands and Luxembourg. Mountain Hardwe

TNF Shuffles the Executive Deck

Steve Rendle has been appointed to the position of President, The North Face – Americas, and Todd Spaletto to the position of Vice President of Sales for the US. Steve will report to Mike Egeck, President of VF Outdoor – Americas. Reporting to Todd will b

Callaway Beats Q2 Estimates Despite Net Income Plunge

Callaway Golf Company announced its financial results for the quarter ended June 30, 2004, reporting consolidated net sales increased 23.0% to $297.9 million, including $2.0 million in net sales from the company's newly acquired subsidiary, FrogTrade

Big 5 Q2 Comps Up 3.9%; Re-Affirms Earnings Guidance

Big 5 Sporting Goods confirmed previously announced earnings guidance of 34 cents to 36 cents per share for its fiscal Q2 and reported that net sales for the period ended June 27, 2004 increased 8.5% to $184.5 million from $170.1 million in the year-ago p

Nautilus Group Q2 Profits Down 60% on Flat Sales

The Nautilus Group, Inc. reported that second quarter net sales were $100.2 million compared to $100.6 million for the corresponding period last year. Net income during the period was $1.9 million, or six cents per diluted share, compared to $4.7 million,