Rocky Q2 Boosted by Military Sales; Sees New Focus on Retail…
Rocky Shoes & Boots benefited not only from their latest military deal, but also from the company’s focused expansion of products in footwear, apparel and Gates gloves throughout the quarter. Overall, Rocky posted a 25.5% sales increase to $27.4 million i
Unifi Makes Progress, but Still Bleeding Red Ink…
Unifi reported that net sales for the company’s fiscal fourth quarter declined 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margin was a meager 5.9%, a 270 basis point decline from the 8.6% margins reported last
O’Keefe Takes President Reins at Mountainsmith
Greg Thomsen, general manager of Pacifica, LTD, parent company of Mountainsmith and 105 Meridien, announced Monday the appointment of Geoff O'Keeffe as president of both divisions. Geoff will be responsible for all consumer products under the Mountai
Granite Gear Hires Hundley as New Sales Rep
Granite Gear has hired Clay Hundley as sales representative supporting the South Central U.S. region, including Texas, Louisiana, Arkansas, and Oklahoma. Hundley is the principal of New River Sales based in Houston, Texas…
Everlast Expands Russia License; Adds Apparel
Everlast Worldwide Inc. has signed another licensing agreement with Sparta Ltd., a sporting goods and apparel manufacturer and distributor based in St. Petersburg, Russia. Sparta will expand its Everlast products to include men's, women's, and
Sporting Goods Drives Escalade Q2 Sales Gain
Escalade, Inc. reported that second quarter net sales of Escalade Sports' sporting good products rose 15.9% to $30.6 million, reflecting the inclusion of the Bear Archery acquisition for the full quarter and the “return to more normal shipping patter
Russell Corp. Organic Sales Up 3%; Earnings Up 52%
Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma
Indigo Grows Across all Seasons
As Indigo Equipment prepares to introduce several new lines of summer-oriented outdoor gear at the Outdoor Retailer show, the two-year-old company is seeing solid results as its mix of products evolves: As of July, more than half of Indigo’s spring/summer
Johnson Outdoors Income Jumps 48% on 11% Sales Gain
Johnson Outdoors net income for the third quarter was $7.5 million or 85 cents per diluted share, which reflected a 48.0 % improvement in net income over $5.1 million or 59 cents per diluted share earned last year. Increases in total Company net sales —
Unifi Q2 Sales Drop 7%; Net Loss Improves 63%
Unifi reported a net loss of $11.0 million or 21 cents per share for the quarter ending June 27, 2004, compared to a net loss of $30.5 million or 57 cents per share for the prior year June quarter. Net sales for the June quarter of $191.7 million reflect
Dick’s Completes Galyans Acquisition
Dick's Sporting Goods, Inc. has completed its acquisition of Galyan's Trading Company, Inc. by merger. Dick's had earlier announced the successful completion of its tender offer for all of the issued and outstanding shares of the common st
Brunswick Ups Guidance After Stellar Q2 Report
Brunswick Corporation reported that net earnings increased 68.0% to $90.1 million, or 93 cents per diluted share, for the second quarter, compared with net earnings of $53.6 million, or 59 cents per diluted share, for the year-ago quarter. Net sales incr
Target Corp. Sells Mervyn’s to Investment Group
Target Corporation has reached definitive agreements to sell its Mervyn's business unit to an investment consortium for approximately $1.65 billion in cash. In 2003, Mervyn's generated $3.6 billion in revenue and $160 million in pretax segment
Foot Locker Added to SandP MidCap 400 Index
Foot Locker Inc. will be added to the S&P MidCap 400 after the close of trading on Friday, July 30. Foot Locker will replace Oxford Health Plans Inc., which was removed from the Index after the close of trading on July 29. Oxford Health Plans is being acq
K-Swiss Sees Q2 Sales Decrease but Beats Earnings Estimate
K-Swiss reported that total worldwide revenues decreased 3.3% to $107.9 million for the second quarter of 2004 compared with $111.6 million in the prior-year period. Domestic revenues decreased 9.7% to $88.5 million in the Q2 and international revenues in
