Collegiate Pacific Revises Q3 Guidance
Collegiate Pacific stated that operating income for the Quarter ending March 31, 2004 is expected to “Materially exceed” previous estimates of $1 million. The company said it is seeing signs of strong operating leverage as it moves into the second half of
Reebok Completes Offering
Reebok International has completed its offering of $350 million of 2.0% Convertible Debentures due 2024, which includes the exercise by the initial purchasers of their option to purchase an additional $50 million aggregate original principal amount of deb
SIA Wins Two SNAP Awards
The SIA was recently awarded two bronze awards from the Society of National Association of Publications (SNAP) for collateral pieces promoting the 2004 SIA SnowSports Show. SIA received these accolades in the multi-piece campaign and single piece categori
Guru Apologizes to Cervelo
Cervélo Cycles announced that their slander action
initiated against Guru has been settled. As part of the settlement Guru’s president Tony Giannascoli has offered a written apology in which he apologizes for “untrue statements” made by his sales staff. H
Rocky Swings to Q1 Profit on 59% Sales Increase
Rocky Shoes & Boots, Inc. reported net income increased to $0.1 million, or one penny per diluted share, for the first quarter of 2004 compared to a net loss of $623,000, or 14 cents per diluted share, in the prior year period. Net sales increased to a f
Motor and Outdoor Division Boost Sales at Johnson Outdoors
Johnson Outdoors announced increased net sales, operating profits and earnings for their second fiscal quarter ended April 2, 2004. Gains were attributable to continued strong top-line and bottom-line performances by the Motors and Outdoor Equipment Group
Life Link Adds Bert Hopp to Rep Force
Life-Link Backcountry Travel has appointed Bert Hopp, President of Hopp Outdoors LLC, as the new sales representative for Michigan, Indiana, Ohio and Kentucky.
Bert has extensive experience in Outdoor Industry Sales, as well as Life-Link Bert represents:
Galyans Opens Denver Area Store
Galyans Trading Company is set to celebrate the grand opening of its 84,000 square foot sports and outdoor adventure store April 30 at Belmar Center, a newly developed lifestyle center six miles west of downtown Denver. The store is the fourth in Colorado
Columbia Income Jumps 34.2% on 22.4% Sales Increase
Columbia Sportswear Company announced record first quarter net sales of $206.7 million for the quarter ended March 31, 2004, an increase of 22.4% over net sales of $168.9 million in 2003. The Company reported record net income for the first quarter of $20
Big 5 Doubles Q1 Net Income on 5.2% Comp Sales Gain
Big 5 Sporting Goods Corporation reported that net sales for the fiscal first quarter ended March 28, 2004 increased 10.0% to $181.0 million from $164.5 million in the first quarter of 2003. Same-store sales increased 5.2%. Net income increased to $6.8
Nautilus Q1 Net Income Shrinks; Lowers Q2 Forecast
The Nautilus Group, Inc. reported that net sales for the first quarter ended March 31, 2004 were $130.9 million compared to $129.4 million for the corresponding period last year. Net income during the period was $6.4 million, or 19 cents per diluted shar
Russell Corp. Inks Deal with Two HBC Conferences
Russell Corporation has signed agreements with two Historically Black Conferences that will serve as the basis for a first-of-its kind alliance with the 21 schools represented. The company will supply athletic apparel, team uniforms, balls and sports equi
Escalade in 2 for 1 Common Stock Split
The Escalade, Inc. Board of Directors has approved a two-for-one split on Escalade common stock. As a result of the stock split, shareholders will receive one additional common share for every share held on the record date of May 11, 2004…
Torpedo Sports Q2 Loss Doubles as Sales Cut in Half
Torpedo Sports USA reported unaudited net sales of $1,142,044 and $2,625,053 with net losses of $(1,047,243) and $(1,343,886) for the three and six month fiscal periods ended January 31, 2004, respectively. This compares to net sales of $2,410,629 and $5,
Insurance Problems Impact Dorel’s EPS
Due to a dispute with one of its insurance carriers over the aggregate amount of insurance available to the Company, Dorel Industries is recording a charge for liability claims in the amount of US$6.5 million pre-tax in the first quarter ended March 31, 2
