Judge Allows Suit Against Cabela’s…
A state District Court judge in Texas last week ruled that a taxpayers group may proceed with a lawsuit challenging Fort Worth's tax incentive package for Cabela’s, Inc. The Fort Worth Citizens for Responsible Government filed suit in September, cha
Billabong Ups Fiscal 2005 Outlook; Snags SoCal Retail Chain…
Billabong International has raised its profit guidance for the fiscal year ended June 30, 2005. The company now expects profit growth to reach 30% for the current year, up 50% from its initial estimate of 20% growth, saying it was “unduly conservative”.
VF Outdoor Coalition Finds Balance in Q3 Growth…
If you pulled a Rip Van Winkle and went to sleep ten years ago and awoke just this last week, you would probably think that you had done so in some sort of bizarre world where VF Corporation, which relied on selling jeans to the value market and intimate
Unifi Looks East for Growth; Will Reduce Acquired Invista Plant to Two Lines…
Unifi has been cutting costs and SG&A expenses through a series of lay-offs and abandoning unprofitable businesses to post its second straight quarter with an operating profit. UFI also cut its fiscal Q1 net loss in half to $1.3 million compared to a loss
Unifi Cuts Fiscal Q1 Net Loss in Half
Unifi reported a net loss from continuing operations of $1.3 million or $0.02 per share for the quarter ending September 26, 2004 compared to a net loss of $2.6 million or $0.05 per share for the prior year September quarter.
Net income, including discont
Columbia Signs License Deal for Insulated Products
Columbia Sportswear Company has signed a license agreement with California Innovations, Inc. for the design, manufacture and marketing of a line of insulated products, including coolers, lunch packs, thermal mugs and bottles. Baby and diaper bags, designe
Escalade Sports Sees Early Shipments Boost Q3
Escalade Sports' sales of sporting goods products increased 13% for the quarter to $61,486,000 bringing year to date net sales to $107,795,000, a 17% gain over the prior year's comparable period. For the quarter, the increased sales are primaril
Collegiate Pacific to Exceed Fiscal Q1 Estimates
Collegiate Pacific now sees consolidated net sales for its first quarter ended Sept 30, 2004 exceeding $27 million vs. $5.9 million in the year ago period, and vs. consensus estimates of $22.5 million…
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
Timberland Q3 Net Income Up 29% on Balanced Sales Gains
Timberland reported record third quarter net income of $68.6 million and diluted EPS of $1.92, compared with Q3 2003 net income of $53.3 million and diluted EPS of $1.47. Revenue increased 11.3% to $493.9 million, driven by gains in both U.S. and interna
Deckers Profits Jump 1100% on 124% Sales Increase
Deckers Outdoor Corporation reported that third quarter net sales increased 124% to a record $55.8 million compared to $24.9 million in the same period last year. Net earnings for the quarter increased to $5.8 million or 46 cents per diluted share, compar
Panoptx Names Hogan Marketing Director
Panoptx Eyewear has named Jackson Hogen director of marketing, effective immediately. Hogen has more than 30 years of experience in the wintersports industry, especially in the fields of sales training and strategic planning.
