Nike Posts Solid Quarter to Start New Fiscal Year…
NIKE, Inc. moved their traditional quarterly earnings release date up a few days to accommodate the company’s annual meeting on Monday, a move a number of analysts applauded for its timing and content. Company management was again almost giddy with excit
Phoenix Won’t Hit 2004 Numbers…
Phoenix Footwear stated it will not meet previously issued third quarter or full year EPS guidance of $1.00 to $1.10 due to contract and delivery timing delays as well as several other factors, including weather related production delays at the company’s
West Marine Cuts Guidance; Hurricanes Show Minor Impact…
West Marine CEO, John Edmondson, said that slowing consumer spending has caused a shortfall in company sales, causing him to cut guidance estimates for the third quarter and fiscal year. Sales for the third quarter are now expected to be $184 to $185 mill
New Callaway CEO Wants More Time to Assess Business; Suspends Guidance…
New Callaway CEO William Baker, the long-time ELY board member who replaced Ron Drapeau in early August, wants to take a longer look at the business over the balance of the year and is looking for a little room to maneuver before providing any updated sal
TNF Hires Real Branding for Interactive Advertising
The North Face has selected Real Branding of San Francisco as the company's Interactive Advertising Media Agency of Record. Real Branding's responsibilities will include: integrated strategy and media planning; research and analysis along with o
Globe International Appoints Hill CEO
Globe International has appointed Matt Hill as chief executive officer of the company. Mike Sonand, Globe’s former chief executive officer, will be appointed as chief operating officer and will report to Hill. Matt is the younger brother of Globe founde
Wilderness Act Turns 40
As hundreds of wilderness activists converge on the
nation’s capital to celebrate the 40th anniversary of the landmark Wilderness Act, the Sierra Club is also pausing to celebrate the birthday of one of America’s legendary wilderness champions. Dr. Edgar
Phoenix Footwear Latest to Post Earnings Warning
As a result of several factors, including changes to the expected timing of contracts and product deliveries at Phoenix Footwear's Altama Footwear unit, and to a lesser extent, softness with the Company's Trotters brand, Phoenix Footwear will no
Eldorado Climbing Walls Acquires Franklin Climbing Hold Business from BDE
Eldorado Climbing Walls has acquired Franklin Handholds from Black Diamond Equipment, Ltd. Franklin's complete line of climbing handholds will be manufactured and distributed out of Eldorado's headquarters in Boulder, CO. Black Diamond Equipment
Kryptonite’s ‘Bic’ Glitch
Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. It turns out that due to the use of ‘tubular cylinders’ in many of the company’s mid and low price-point locks allows the locking mechanism to be pi
Obermeyer Launches Academic Incentive Program for Sponsored Athletes
Beginning this academic year, Sport Obermeyer will offer its sponsored athletes an Academic Incentive Program. Obermeyer athletes in grade school through college will now be able to participate and earn monetary rewards for exemplary performance in school
West Marine Cuts Outlook for Quarter, Year
West Marine CEO John Edmondson said recently that August continued the soft trend that West Marine first observed in the latter part of June. Sales have remained soft so far in September and, as a result, he now expects third quarter sales to range from $
Ajay Sports to File Past 10-Q’s and K’s
Ajay Sports, Inc., which owns Pro Golf International, Inc., has announced plans to file all past due 10Qs and 10Ks required for years 2001, 2002, 2003 and YTD 2004. Management said they will focus on restructuring the company to improve the bottom line an
Warrior Lacrosse Expands Sales Organization
Warrior Lacrosse has expanded their national sales team with the recent hire of three sales associates, Jack Piatelli in New England, Chip Mayer in the Southeast, and Scott Hochstadt on the West Coast. Piatelli comes to Warrior from Brine Inc. where he s
EMU Australia Forms Europe Subsidiary
EMU Australia will be taking over pan-European operations under the newly formed EMU Ridge Europe Gmbh. EMU Ridge Europe Gmbh will be headquartered in Hamburg, Germany as a wholly owned subsidiary of EMU Ridge Australia PTY LTD Aussie Corp. to market and
