Cabela’s Hurt by Gift Card Delay; Still Posts 61% Jump in Q3 Net Income…
Cabela's Inc. saw comp stores sales decline 3.0% in the third quarter versus a comp store sales gain of 4.2% in the year-ago period, due in large part to a delay in the printing and mailing of a promotional gift card. Management estimated that comps
K-Swiss Sees International and Fill-in Business Drives Q3 Margins, Profits Higher…
International is playing a bigger role in the success at K-Swiss Inc., a trend that is driving sales higher, building margin, and fueling bottom line gains. Wall Street reacted positively to the trend as they shook off concerns over a declining U.S. orde
Smith Optics Hires Surf Marketing Manager
Smith Optics has hired Scott “Pod” Banuelosis as surf marketing and promotions manager. Effective immediately, Pod will be responsible for all surf team management and marketing operations in Smith Optics’ San Clemente, California, office. Most recently,
GBMI Promotes Nakamura to VP Sales Asia Pacific
Global Brand Marketing, Inc., has promoted Tomo Nakamura tp Vice President of International Sales for Asia-Pacific. In this newly created position, Nakamura will be responsible for expanding all sales and development for all GBMI brands in the fast growin
Sporting Goods Hall of Fame Elects Five New Inductees
The Sporting Goods Industry Hall of Fame Committee has elected five new Hall of Famers. Roger Atkin, formerly of NFL Properties; James W. Cabela, Mary A. Cabela and Richard W. Cabela of outdoor retailer Cabela’s; and Konstantin (Conny) Klimenko of Sevylo
ASICS America Files Trademark Suit
ASICS America Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the U.S. District Court, Central District of California against Wanted Shoes, Inc. (Edison, New Jersey) for trademark infringement, unfair competition, trad
SGMA Elects New Board; Tom Rogge is Chairman
SGMA International is pleased to announce the election of a new chairman and vice chairman. The new chairman of the Board of Directors is Tom Rogge, president of Cramer Products, and the new vice chairman is Steve Furniss, EVP of TYR Sport, Inc. The forme
K2 Moves Dana Designs under Marmot’s Control
K2 Sports' Dana Design backpack and travel bag division will relocate in November from Vashon Island, WA, and operate under Marmot Mountain, LLC. in Santa Rosa, CA. Dana Design and Marmot products will continue to be developed and marketed as separat
PUMA Q3 Results Set Company Record for GM and EPS
PUMA’s third quarter showed another outstanding performance with growth in consolidated sales of 16.5% on a currency-neutral basis, or by 14.6% to €461 million ($564 mm) in Euro currency. Gross margin hit a new high in Q3, coming in at of 52.8% of sales.
West Marine Fourth Quarter Sales Fall 4.4%; Comps Down 7.7%
West Marine, Inc. earnings reached 29 cents per share for the third quarter ended October 2, 2004. Net income was $6.2 million in the third quarter, compared to net income of $8.1 million, or $0.39 per share, a year ago. Net sales for the third quarter we
Brunswick Third Quarter Sales Jump 23%
Brunswick Corporation net earnings were $72.9 million, or 75 cents per diluted share, for the third quarter of 2004, compared with $37.9 million, or 41 cents per diluted share, for the year-ago quarter. Net sales increased 23% to
$1,273.2 million, up from
TimBuk2 Wins Ebbie Award
Timbuk2 Designs was awarded the Emerging Growth Award at last night's 2004 Ebbies Awards Gala in San Francisco. This award, sponsored by Williams-Sonoma, Inc., is presented to a San Francisco small business or emerging growth company that has demons
Cabela’s Sales Climb 15.9% in Third Quarter
Cabela's Incorporated revenue for the third quarter of 2004 increased 15.9% to $383.8 million compared to $331.2 million for 2003. Net income for the third quarter of 2004 increased 61.2% to $16.5 million, or 25 cents per diluted share, compared to $
Columbia Q3 Sales Climb 11.4%; Income Up 7.9%
Columbia Sportswear Company third quarter net sales were $415.8 million, an increase of 11.4% over net sales of $373.4 million for the same period of 2003. The Company reported net income for the third quarter of 2004 of $68.6 million, a 7.9% increase ove
Cabela’s Files for Secondary Public Offering
Cabela's has filed a registration statement with the SEC for a proposed secondary public offering of 12 million shares of its common stock. All of the shares in the proposed offering will be offered by selling stockholders. Cabela's will not rec
