SGB Update

Amer Group reported that third quarter net sales declined 6.4% to €278.7 million ($340.8 mm) from €297.9 million ($335.6 mm) in the year-ago quarter. Net sales declined due to the withdrawal from the tobacco business in March. Foreign exchange rate mo

Aaron Feuerstein, former owner and CEO of Malden Mills, has made another bid to buy the company back from creditors and its largest shareholder, GE Capital, but the board of directors at Malden has subsequently turned it down. The board’s response has be

The Fitness Equipment business, which is built on the Precor platform, increased 19.3% to €50.1 million when measured in Euros, but jumped 29.5% to $61.3 million when measured in U.S. dollars. Third quarter EBIT for the division declined 44% to €4.2 mill

White Sierra has been targeting specialty outdoor retail accounts with a series of service initiatives over the past few seasons and has seen over 40 new specialty dealers join its retail base nationwide. This is in addition to the over 70 that joined for

The Nautilus Group continues on its three phase “turnaround plan”, which emphasized gaining control of the business, then stabilizing it, and lastly, moving back into growth mode. Gregg Hammann, chairman, president & CEO, said in a conference call with a

Big 5 Sporting Goods achieved a new milestone last week, opening their 300th store on their way to 309 stores by the end of the year. The new San Diego store joined three others in Q3 and one more since the start of the quarter. BGFV saw the additional

American Skiing Company boosted its fiscal fourth quarter revenue and income, mainly through real-estate deals at its eastern resorts. Total consolidated revenue was $17.0 million, up 6.9% compared with $15.9 million for the fourth quarter of fiscal 2003.

Brunswick Corporation looked to its Marine and Fitness Equipment divisions to post a 22.9% increase in revenues to $1.27 billion for the third quarter from $1.04 billion in Q3 last year. However, the Fitness division, which includes the Life Fitness, Ham

Cascade Designs sent out a letter to retailers and media late last week announcing that the company will be delaying the delivery schedule for two of the stoves debuted in August at OR Summer Market. The new MSR two-burner stove and capillary technology s