SGB Update

Sportsman’s Guide Q2 Income Jumps 23% on 2.3% Sales Increase

The Sportsman's Guide reported sales for the second quarter 2004 were $38.9 million compared to the $38.0 million reported for the same period one year ago. The Company reported net earnings of $797,000, or $0.15 per fully diluted share for the quar

TEA Bill Likely Stalled Until 2005…

The Senate-House conference committee working on reauthorization of the TEA-LU bill met twice this week, according to America Bikes Campaign Manager Emeritus, Martha Roskowski. TEA-LU provides funding for bicycle infrastructure, pedestrian trail systems,

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

Unifi Makes Progress; Still Bleeds Red…

Unifi reported that net sales for the company’s fiscal fourth quarter fell 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margins were 5.9%, a 270 basis point decline from the 8.6% margins reported last year. Unif

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

Delivery Issues and Weather Plague West Marine…

After revising its guidance downward earlier in the quarter, West Marine reported that sales increased 8.6% to $253 million in the second quarter of 2004, compared to $233 million last year. Comparable store net sales for the second quarter increased 4.6

PUMA Sees U.S. Futures Growth Push Higher…

PUMA AG again looked to Europe in the second quarter to lead the gain in sales for the period, but opened a few eyes on Tuesday when they announced that the currency-neutral growth rate in the order backlog for the Americas, which includes the U.S. market

Nike Updates Back Half Order Backlog Numbers

Nike, Inc. filed its fiscal 2004 10-K report on Friday, revising its futures backlog figures for shipment through November. The company pointed to strength in the U.S. and Asia markets that drove backlog up 11.3% to $5.6 billion, versus its previously

Spyder Acquired in $100 Million Cash Deal…

In a deal that has been in the works for several months, Apax Partners last week finalized its acquisition of Spyder Active Sports in a transaction valued at approximately $100 million, including assumption of debt. Apax is one of the largest private equ

Sport Chalet Expands Team Business; Posts Solid Q1…

Sport Chalet, the SoCal-based retailer that has built a business on a strong commitment to SnowSports, Outdoor, SCUBA, and other performance sports, has made the move to capture more of the team sports business. The retailer has acquired Bassco Sporting

Dick’s Closes Galyans Deal; Plans More Stores…

Dick's Sporting Goods completed its $362 million acquisition of Galyan's on Thursday via a deal structured as a merger. With the 48 Galyans doors, Dick’s now has 221 stores in 32 states and had combined sales of about $2.2 billion in the last f