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
GSI Commerce Revenues Climb 28%; Bottom Line Still in the Red
GSI Commerce increased its net revenues 28% to $64.7 million and reported a net loss of $3.1 million, or 8 cents per share, decreasing the company's net loss by $631,000, or 2 cents per share, compared to last year's second fiscal quarter. Net m
Unifi Will Close All European Production Facilities; New Focus on Distribution
Unifi's European operations will focus solely on the sales, distribution and service of textured yarn. The remaining manufacturing activities of the Company's Unifi Textured Yarns Europe division, which are based in Letterkenny, Ireland, will be
Aldila Sales Jump 44.4% in Q2
ALDILA net sales were $14.3 million and net income of $2.2 million, or 42 cents fully diluted per share, for the second quarter ended June 30, 2004. This is a 44.4% increase in sales when compared to the comparable
2003 second quarter, when the Company ha
Camelbak Names Mahoney SVP of Operations
CamelBak Products, LLC has appointed Jim Mahoney as Senior Vice President of Operations. Mahoney will be responsible for all activities related to the flow of CamelBak products from manufacturing through distribution.
Mahoney moves to CamelBak from Missi
Sport Chalet Swings to Q1 Profit on 6.1% Comp Gain; Acquires Bassco SG
Sport Chalet, Inc. announced that sales for its first quarter ended June 30, 2004 increased 15.4% to $61.5 million , from $53.3 million for the quarter ended June 30, 2003. Same-store sales increased 6.1% for the period.
SPCH posted net income of $245,0
OIA Releases Latest Participation Study
Reaching 145.7 million Americans, the outdoor recreation population has grown larger, younger, and become more
dedicated over a six-year study period, according to the 2004 Outdoor Recreation Participation Study for the United States, released this week b
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
SIA and CDC Sign New Alliance
SnowSports Industries America (SIA) and the US Department of Health and Human Services’ Center for Disease Control and Prevention have inked a new partnership to promote snow sports among kids aged 9-13 through the powerful national VERB™ campaign…
Garmin Second Quarter Sales Jump 32%
Garmin revenue for the quarter increased 32% to $189.7 million from $143.5 million in the year-ago quarter. Net income was $56.3 million, or $0.52 diluted earnings per share, compared to $47.2 million or $0.43 diluted earnings per share in the year-ago q
