Russell Acquires Huffy’s Backboard Biz…
In a story that probably would have been front page news a decade ago, Russell Corporation has purchased the assets of Huffy Sports Company, the division of Huffy Corp. that is primarily known for its basketball backboard business, but also does about 20%
The Deckers Trifecta: All Three Brands Show Strong Gains …
Deckers beat all analyst expectations in the second quarter of 2004, exceeding the upper end of previously issued guidance by roughly 17%, while diluted earnings per share were 26.5% above Deckers expectations…
Nautilus has High Hopes for Retail…
Nautilus second quarter sales were down slightly to $100.2 million compared to $100.6 million in Q2 last year. Net income during the period was down nearly 60% to $1.9 million, or six cents per diluted share, compared to $4.7 million, or 14 cents per dil
Timberland Continues Building Solid Global Business in Q2…
Timberland said its second quarter results reflected solid global growth in footwear, apparel, and accessories and continued progress in enhancing gross margins. The company acknowledged a tougher climate for outdoor-related product in the U.S. sporting
K2 Inc. Sees Mix of Organic and Acquired Growth in Q2; Europe Comes Together…
K2 continued its trend of double digit sales increases fueled by acquisitions and, with one exception, strong organic growth among its core brands…
K2 Inc. Sees Mix of Organic and Acquired Growth in Q2; Europe Comes Together…
K2 continued its trend of double digit sales increases fueled by acquisitions and, with one exception, strong organic growth among its core brands. This combination boosted second quarter net income by 28.8% to $6.2 million. Total sales at K2 increased 25
VF Corp. Builds on Outdoor Coalition Success in Q2; TNF Management Promoted…
The acquisitions of Nautica, Vans, Kipling, and Napapiji added $126 million to the top line for VF Corporation, but it was another exceptional quarter for The North Face that helped establish the company’s Outdoor Coalition as the darling of the corporati
Oakley CEO to Purchase 2 Million OO Shares
Oakley chairman and CEO Jim Jannard has advised the company that he intends to purchase up to two million shares of Oakley common stock from time to time in the open market, subject to market conditions. Jannard said that he believes OO stock to be underv
Icebreaker Opens New U.S. Facility
Icebreaker has opened the doors of its U.S. customer service and distribution center located in Santa Barbara, California. In a move to establish greater reach in the U.S. market, Icebreaker is now positioned to serve its existing and future U.S. retaile
Timberland Continues Building Solid Global Business in Q2…
Timberland said its second quarter results reflected solid global growth in footwear, apparel, and accessories and continued progress in enhancing gross margins. The company acknowledged a tougher climate for outdoor-related product in the U.S. sporting
Huffy Notified of NYSE Non-Compliance
Huffy Corporation has received official notice from the New York Stock Exchange indicating that the Corporation has fallen below the Exchange's continued listing criteria as outlined in the NYSE Listed Company Manual. Huffy is now required to respon
Finish Line Issues Dividend, Announces Buyback and Moves to Indiana
The Finish Line Board of Directors has instituted a quarterly cash dividend program of $0.05 per share. The Board of Directors also authorized a new stock repurchase program to repurchase up to 2.5 million shares of Class A common stock, or approximately
Fortune Brands Sees 9.7% Q2 Sales Increase in Golf Division
Fortune Brands, Inc. reported that its The Acushnet Company golf business, which includes the Footjoy, Cobra, Titleist, and Pinnacle brands, saw second quarter sales increase 9.7% to $407.9 million from $371.8 million in the year-ago period. FO said the
Nautilus Files Second Suit Against Icon
The Nautilus Group has filed an additional trademark infringement lawsuit against ICON Health and Fitness, Inc., the manufacturer of the “CrossBow” and “CrossBar” equipment. The lawsuit, which was filed on July 21, 2004, in United States District Court fo
Dick’s SG Re-Affirms Second Quarter Outlook
Dick's Sporting Goods, Inc. has reacted to a number of negative reports from other sporting goods retailers this week and re-affirmed its outlook previously provided for the second fiscal quarter of 2004…
