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
K-Swiss Sees U.S. Q2 Business Falter and Backlog Slow on Foot Locker Pullback…
K-Swiss management feels they are heading into one of their cyclical business troughs, a situation the company feels they can handle as they have before. This time it looks as though the pullback at Foot Locker is having a profound impact on both sales a
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
Cabela’s Sees New Store Drive Top-Line; Earnings Hurt by Finance Unit…
Cabela’s saw a securitization transaction involving their credit card receivables impact their Financial Services segment’s' securitization income by roughly $2.0 million after tax, or three cents per diluted share, in the second quarter ended July 3
Cabela’s Sees New Store Drive Top-Line; Earnings Hurt by Finance Unit…
Cabela’s saw a securitization transaction involving their credit card receivables impact their Financial Services segment’s' securitization income by roughly $2.0 million after tax, or three cents per diluted share, in the second quarter ended July 3
Russell Corp. Back to Their Winning Ways in Q2; Profits Jump More than 50%…
As anticipated, Russell Corporation got a nice lift in Q2 from the sale of its minority position in Marmot Mountain, adding about $4 million, or roughly 8.5 cents per share, to the bottom line in the quarter. Excluding the gain, RML would have still seen
Gravis Expands Management Team…
Gravis footwear has added three new Director-level employees as part of a new emphasis by the Burton senior management team on the division. Anne-Marie Dacyshyn is the new Director of Product Marketing, Jason Heffron is the new Director of Marketing Commu
Escalade Sports Drives Quarter Growth…
Escalade, Inc. relied heavily on its sporting goods division to help post a sales gain in the second quarter, but the net income increase produced by Escalade Sports in Q2 wasn’t enough to keep the company in the black…
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