SGB Update

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 to Open Colorado Store

Cabela's Incorporated is in negotiations with Coors Brewing Company to build a massive 200,000-square-foot store in Wheat Ridge, Colorado, and plans to have it open for business by mid-2006. The store, to be built as part of a development along I-70,

Columbia Appoints Europe GM and Sorel President

Columbia Sportswear Company announced changes in its management staff. Paul Gils has been appointed General Manager Europe and Mike Prendergast has been promoted to President Sorel Division. Gils joins Columbia following a ten year career with Nike Europe

Cabela Eyes Colorado for New ‘Massive’ Store

Cabela's Incorporated is in negotiations with Coors Brewing Company to build a massive 200,000-square-foot store in Wheat Ridge, Colorado, and plans to have it open for business by mid-2006. The store, to be built as part of a development along I-70

GSI Commerce Narrows Q3 Loss; SG Sales Up 45%

GSI Commerce Inc. increased third quarter net revenues 44% to $68.6 million and reported a net loss of $3.0 million, or 7 cents per share, versus a loss of $5.5 million in the year-ago period. Net revenues from the sporting goods category increased 23% t

Big 5 Sees Q3 Net Income Jump 38% on 2.6% Comp Sales Gain

Big 5 Sporting Goods Corporation reported that net sales for the 2004 third quarter ended September 26 increased 6.8% to $195.8 million from $183.3 million in the third quarter of fiscal 2003. Same store sales increased 2.6% versus the same quarter last

Russell Appoints Matthias to Board

Rebecca Matthias has been named to the Russell Corporation board. Matthias is president and founder of Mothers Work, Inc., a publicly traded company that is the leading designer, manufacturer and marketer of maternity fashion in the U.S…

Amer Group Q3 Suffers from Charges, Tobacco Exit

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. Excluding the FX rate effect and the withdrawal from tobacco business in March, sales would have increas

Thule AB Acquired by U.K. Buyout Firm

Thule AB will be acquired by Candover Investments, a U.K. buyout firm, from current owner EQT Partners AB, a Stockholm- based buyout firm backed by the billionaire Wallenberg family. Thule AB was acquired by EQT Scandinavia II in 1999. The deal is repor

American Skiing Compnay Cuts 2004 Net Loss in Half

American Skiing Company reported significant improvement from ongoing operations. It credited record financial results from its western resorts and effective costs control measures which mitigated adverse weather conditions at its eastern resorts. This an

Skechers Swings to Q3 Profit on 16% Sales Increase

Skechers USA, Inc. reported that net sales for the third quarter of 2004 rose 16.2% to $257.7 million compared to $221.8 million in the third quarter of 2003. Net earnings for the quarter were $6.0 million, or 15 cents per diluted share, versus a net loss

Garmin Q3 Revenue Jumps 43%; Beats EPS Guidance by 13 Cents

Garmin posted record revenue and earnings for its third fiscal quarter ended September 25, 2004. Revenue increased 43% to $193.6 million from $135.6 million in the year-ago quarter. Net income was $67.1 million, or $0.62 diluted earnings per share, com