Ashworth Fiscal Q1 Net Income Up on 2.6% Sales Gain
Ashworth, Inc. reported that consolidated net revenue for the first quarter ended January 31, 2003 increased 2.6% to $27.3 million as compared to $26.6 million for the first quarter of 2003. Consolidated first quarter net income increased to $134,000, or
K-Swiss Signs New Japanese Distributor
K-Swiss Inc. has replaced its existing distributor in Japan and signed a three-year distribution and trademark license agreement with MoonStar Chemical Corporation, a 130-year-old footwear distributor based in Kurume, Japan. The agreement expires in June
Foot Locker Q4 Net Income Up 25%; Sales Up 10%
Foot Locker, Inc. reported income from continuing operations for the fourth quarter ended January 31, 2004 increased 48% to $71 million, or 47 cents per share, compared with $48 million, or 33 cents per share, last year. Sales for this year's fourth
Pacific Sunwear Q4 Net Jumps 48%; Comps Increase 12%
Pacific Sunwear of California, Inc. reported that net income for the fourth quarter increased 48% to $34.3 million, or 43 cents per diluted share, compared to $23.2 million, or 31 per diluted share, for fiscal Q4 2002. Total sales for Q4 ended January 31,
Pacific Sunwear Continues Double-Digit Comp Gains in February
Pacific Sunwear of California Inc. reported that total sales for the four weeks of February of fiscal 2004 were $67.7 million, an increase of 26.8% over total sales of $53.4 million for the four weeks of February of fiscal 2003. Company same store sales i
Coastcast Cuts Q4 Net Loss 77% as Sales Increase 26%
Coastcast Corporation reported sales for the fourth quarter of 2003 increased 25.6% to $10.2 million from $8.1 million in the year earlier quarter. The net loss for the quarter narrowed considerably to $574,000, or 8 cents per diluted share, versus a net
Callaway Expands Trade In Program to Include Other Brands
Callaway Golf Company announced plans to expand its successful Trade In! Trade Up! program to include products from other golf brands. Acting on strong feedback from consumers and retailers, Trade In! Trade Up! will now make it easy for owners of other ma
NRF: Retail Execs Saw February Increases
The American consumer continued to shop and spend at high levels in February, according to the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation (NRF). The Retail Sector Performance Index (RSPI) dipped
Mavis to Oversee All Product at Brooks
Brooks Sports, Inc. has elevated Stan Mavis to senior vice president of product. Formerly senior vice president of apparel and accessories, Mavis will now take on new footwear management responsibilities to help Brooks leverage recent brand and category g
La Sportiva Lowers Prices on Rock-Climbing Shoes
La Sportiva is lowering wholesale/MSRP prices on all Italian-made rock shoes by 15% to 20%, as reported in The B.O.S.S. Report (BOSS_0405). This means the award-winning Testarossa, formerly $160, will now cost $130. The Venom, its slipper counterpa
Nike Makes U.S. Management Changes
Nike is apparently re-shuffling roles for some key managers in the U.S. market. Claire Hammill, formerly VP of U.S. Commerce and Retail is now VP/GM of New Business Development. Elliot Hill, Formerly VP of U.S. Retail is now VP of U.S. Commerce and Retai
Footstar File for Voluntary Chapter 11 Bankruptcy Protection
Footstar, Inc. has announced that it and substantially all of its subsidiaries filed voluntary petitions on March 2, 2004 with the U.S. Bankruptcy Court for the Southern District of New York in White Plains for reorganization under Chapter 11 of the U.S.
Dick’s SG Announces Finance Promotions
Dick's Sporting Goods, Inc. has announced that Jeffrey R. Hennion has been named to the position of Senior Vice President – Strategic Planning. In this newly created role, Mr. Hennion will be responsible for leading DKS' Strategic Planning and
Deckers Files to Sell Shares
Deckers Outdoor Corporation has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3,500,000 shares of common stock consisting of 1,500,000 primary shares offered by the Company and 2,000,000 share
Genesco Q4 Net Up 21%; Journeys Comps Flat
Genesco Inc. reported net earnings for the fiscal 2004 fourth quarter were $16.9 million, or 77 cents per diluted share, compared with $14.0 million, or 55 cents per diluted share, in the year-ago period. Net sales for Q4 were $253 million compared to $25
