SGB Update

JOUT Q3 Earnings Slip

Johnson Outdoors on Thursday Told Investors they could anticipate Q3 earnings to be in the 57 cents to 61 cents per share range, off from the 78 cents earned in the year-ago period…

Confluence Surges In Spite of Compet-itor Promotional Deals…

Confluence Watersports has hired 41 new employees, bringing their total workforce to 217 people. In an exclusive interview with SPORTS EXECUTIVE WEEKLY, Kelley Woolsey, Confluence VP of Sales and Marketing, said these new employees are long overdue…

Pegasus Appoints New Cannondale COO.

John Doer has come aboard as Cannondale’s Chief Operating Officer. The former VP of Supply Chain Management at Bell Sports has a solid background in the Cycling industry with a successful tenure at the helmet company…

Bike Imports Fall; May Specialty Up…

The National Sporting Goods Association is reporting that bicycle imports fell to 3.5 million units in the first quarter of 2003, 13% fewer than in the same quarter last year, according to U.S. Department of Commerce data. The sporting goods retail trade

Galyans Appoints New President and COO

Galyan's appointed Edwin J. Holman as President and Chief Operating Officer of the Company. Mr. Holman will be responsible for Finance, Operations, Systems, Planning and Allocation, Stores and Culture. Real Estate, Legal, Store Planning and Construct

Finish Line Promotes Three; Geis to Head Apparel and Footwear

The Finish Line, Inc. has shifted some responsibilities for its footwear and apparel management teams. Jason Short and Mike Watson have each been promoted to Divisional Merchandise Manager of Footwear while Kathleen Kaplan has been promoted to the positio

Easton Renews Canadian License Deal with Mondor

Easton Sports announced that it has renewed its licensing agreement with Mondor Ltd., signing a multiyear extension with the Canadian hockey and baseball apparel manufacturer…

Obermeyer Taps Backbone Media for PR Effort

Obermeyer has retained Backbone Media to handle their public relations efforts. Located in Aspen, Obermeyer will partner with local Carbondale company Backbone Media to oversee media communications and promotions of its apparel, brand and rich company his

Cannondale Taps Bell Sports Vet as COO

John Doerr has joined Cannondale as its new Chief Operating Officer. A bike industry veteran and a passionate mountain biker, Doerr comes to Cannondale from Bell Sports where he was Vice President of Supply Chain Management…

West Marine Q2 Earnings Up 25% as Comps Slip 4.4%

West Marine, Inc. reported net income for the second quarter ended June 28, 2003 of $19.8 million, or $0.98 per share, compared to net income of $15.8 million, or $0.79 per share, a year ago. Net sales for the quarter were $233.0 million, up 22.6% from $

Sears Q2 Net Income Jumps 35% on Fairly Flat Revenues

Sears, Roebuck and Co. reported net income of $309 million, or $1.04 per share, for the second quarter ended June 28, 2003, compared with net income of $229 million, or $0.71 per share, in Q2 2002. Revenues for Q2 increased 0.9% to $7.8 bn. The revenue

Acushnet Helps Fuel Q2 Gains at Fortune Brands

Fortune Brands, Inc. reported net income for the second quarter of 2003 was $176.7 million, or $1.18 per diluted share, as compared to $196.9 million, or $1.27 per diluted share, in the year-ago quarter. Consolidated net sales were up 5% to $1.58 billion