Shimano Expands to Meet Demand…
Shimano shares jumped 10.3%, the second highest increase on the Osaka Securities Exchange following the release of the company’s annual report. The company said sales climbed 6.6% from ¥134.7 billion ($1.1 billion) last year to ¥143.6 billion ($1.3 billio
OIF / National Park Foundation Collaboration Seen as Success
The Outdoor Industry Foundation launched a program earlier this year with the National Park Foundation that allows participating outdoor companies to help support both organizations. The program enables consumers to purchase a $50 annual National Parks Pa
LL Bean Attacks Pop-Up Ads; Files Suit…
LL Bean has filed suit against a software company that is putting pop-up ads that offer coupons to competitors’ stores on the Bean website. The software company, Gator.com Corp, claims that it has a right to send these pop-ups to any customers who use its
Dick’s Seems to Like the Competition…
Dick's Sporting Goods looks to be quite pleased with their entry into the Indianapolis market, the hometown of rival Galyan’s Trading Company. The retailer also continues to look south as it soon enters the former home state of its chief competitor,
Galyan’s Continues Turnaround Work…
Galyan’s Trading Company was the lone comp sales decliner so far in our review of sporting goods retail results, but the 1.4% decrease slowed a bit from recent quarterly results, coming on top of a 6.3% comp sales decrease in Q1 last year. The comp sales
Gander Mountain Sees Upside in Newer Warehouse Formats, Southern States…
Gander Mountain Company reported sales and earnings results for the first time as a public company, but the earnings picture that looked brighter at year-end just before its very strong IPO fell back into the red again as the net loss widened more than 21
Johnson Family Extends $18 Per Share Offer
Johnson Outdoors announced that Helen Johnson-Leipold, Chairman and Chief Executive Officer, and Samuel C. Johnson, majority shareholder and director of Johnson Outdoors, are extending their non-binding proposal to acquire the outstanding public shares of
Nikwax Forms New U.S. Subsidiary
Officials from Watershed USA, the managing partner of Nikwax USA, and Nick Brown, owner of Nikwax Ltd., have announced that they will part ways. Nikwax UK is committed to expanding its position in the North American market and will establish a new headqua
Epstein Sentenced in Just for Feet Fraud Case
United States Attorney Alice H. Martin of the Northern District of Alabama announced Friday that Jonathan G. Epstein, former President and CEO of Fila USA, an athletic footwear and apparel company was sentenced by United States District Judge Karon O. Bow
Galyans Widens Q1 Loss on Weaker Comps; Mang Exit Cost a Nickel a Share
Galyans reported a net loss of $4.5 million, or a loss of 26 cents per diluted share, for the first quarter of fiscal 2004, compared to a net loss of $2.6 million, or 15 cents per diluted share, in Q1 last year. The first quarter of fiscal 2004 included
League of American Bicyclists Designates Bicycle Friendly Communities
The League of American Bicyclists kicks off National Bike Month TM by awarding 11 communities its prestigious Bicycle Friendly Community designation. Among the communities receiving the League's Bicycle Friendly Community designation, the standouts a
AKU enters U.S. Market
AKU, Trekking and Outdoor Footwear, with headquarters in the Montebelluna region in Italy, has named Joe Guglielmetti General Manager for its U.S. operations. Guglielmetti will be responsible for overseeing sales, marketing, and distribution in the U.S. o
Nordstrom Earnings Climb 153%
Nordstrom reported net earnings of $68.7 million, or $0.48 per diluted share, for the first quarter of 2004. For the same period last year, net earnings and earnings per diluted share were $27.2 million and $0.20, respectively. 2004 results include $20.
Bon-Ton Struggles in Q1 with Beerman Acquisition
The Bon-Ton Stores reported a net loss of $5.6 million, or $0.35 per share, for the first quarter of fiscal 2004 compared to a net loss of $2.9 million, or $0.20 per share, for the first quarter of fiscal 2003…
Stage Stores Net Income Climbs 41%
Stage Stores reported that net income for the first quarter, 2004 increased 41.0% to $18.9 million from $13.4 million for the prior year first quarter. Due to the higher number of diluted shares outstanding in this year's first quarter versus last ye
