Skechers Posts Q2 Profits; Beats Analysts’ Estimates
Skechers USA, Inc. reported that net sales for the second quarter of 2004 rose 2.4% to $234.7 million compared to $229.3 million in the second quarter of 2003. Net earnings for the quarter were $8.3 million, or 21 cents per diluted share, versus a net los
Nautilus Group Q2 Profits Down 60% on Flat Sales
The Nautilus Group, Inc. reported that second quarter net sales were $100.2 million compared to $100.6 million for the corresponding period last year. Net income during the period was $1.9 million, or six cents per diluted share, compared to $4.7 million,
Timberland Q2 Net Up 36% on Strong Apparel Performance
The Timberland Company reported second quarter net income of $7.9 million and diluted EPS of 22 cents per share, compared net income of $5.8 million and diluted EPS of 16 cents per share in the year-ago period. U.S. revenues grew 7.6% and International r
Footstar Gets More for California DC at Auction
Footstar, Inc. has completed the sale of its distribution center in Mira Loma, CA and has outsource certain warehousing and distribution operations. The net proceeds to Footstar in connection with the sale were $27,950,000. Thrifty Oil Co., a real estate
Deckers Q2 Profits Up 154% on 67% Sales Increase; Raises Guidance
Deckers Outdoor Corporation reported that second quarter net sales increased 67% to $40.5 million compared to $24.3 million in the same period last year. Net earnings for the quarter increased 154% to $5.1 million, compared to net earnings of $2.0 million
Wakley Re-Joins Prince U.S. Footwear Team
Gary Wakley has rejoined Prince Sports, Inc to attend to some unfinished business. Bringing a lifetime of experience in athletic footwear, including several successful years with Prince, Wakley will be responsible for leading the product management of Pri
Sports Authority to Miss Q2 Projections; Comps Down More Than 4%
The Sports Authority, Inc. expects to report a same-store sales decline of 4% to 5% and fully diluted earnings per share of 41 cents to 48 cents, excluding merger integration costs, for the second quarter of fiscal 2004. This compares to the Company'
Reebok Sees Softer Apparel Impact Q2 Sales
Reebok International net income for the second quarter ended June 30, 2004 was $22 million, or 35 cents per diluted share, as compared to net income of $26 million, or 41 cents per diluted share in the second quarter of 2003. Net sales for the 2004 second
West Marine Q2 Sales Climb 8.4%; Comps Up 4.6%
West Marine EPS was $1.17 per share for the second quarter of 2004, marking the first time since going public that the Company has achieved quarterly earnings exceeding $1.00 per share. Net income was $25.2 million in the Q2, compared to net income of $19
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…
JFF’s Gilburne Gets Probation in Ad Charge Fraud Case
Adam Gilburne, the former president of Just for Feet stores, was sentenced by Chief United States District Judge U.W. Clemon to 60 months probation, $1,000.00 fine, and $389,000.00 in restitution. This sentencing follows his May 2004 guilty plea to one co
Lowa Launches Concept Shop at A -16
Visitors to Adventure 16's West Los Angeles store will be stopped in their tracks upon entering, if LOWA has anything to do with it. LOWA has just designed and installed the first and only concept shop within A-16…
C.A.M.P. USA Adds Crouse to Sales Team
C.A.M.P USA has hired mountaineer and sales representative, Bill Crouse as their Rocky Mountain region sales representative. C.A.M.P USA is rapidly growing in the U.S. with the addition of over 50 stores in just the past year. Crouse will support retailer
REI and Leave No Trace Launch Youth Education Program
REI and the Leave No Trace Center for Outdoor Ethics have launched a new program designed to educate children about the outdoors, and the responsible use of public lands.
The Promoting Environmental Awareness in Kids (PEAK) program, based on the seven Lea