adidas-Salomon Q1 Earnings Up 41% on 3% Currency Neutral Sales Gain; North America Down 7.0%
adidas-Salomon Group sales increased 3.0% on a currency-neutral basis for the first quarter of 2004, but declined 2.8% in Euro terms to €1.62 billion in Q1 2004 from €1.67 billion in the year-ago period. In currency-neutral terms, brand adidas sales incr
The Hockey Company Posts Q1 Loss Despite Sales, GM Gains
The Hockey Company's net sales for the 2004 first quarter increased 12.7% to $42.6 million versus Q1 last year. Sales were up approximately 3.7% on a constant dollar basis. Gross margin grew 90 basis points to 45.3% of sales compared with 44.2% in
American Eagle April Comps Up 8.3%; Raises Q1 Guidance
American Eagle Outfitters, Inc. announced that total sales for the four-week period ended May 1, 2004 increased 17.2% to $115.1 million, compared to $98.2 million for the four-week period ended May 3, 2003. Comparable store sales for the American Eagle Ou
West Marine Sees 7.6% Comp Sales Gain in April
West Marine, Inc. reported that net sales for the four weeks ended May 1, 2004 were $67.8 million, a 12.9% increase from net sales of $60.0 million for the four-week period a year ago. Comparable store net sales for April increased 7.6% compared to the sa
Aeropostale Comps Jump 19.3% April; Guidance Up
Aeropostale, Inc. announced that total net sales for the four-week period ended May 1, 2004 increased 48.6% to $57.2 million, compared to $38.5 million for the four-week period ended May 3, 2003. The company's comparable store sales increased 19.3% f
Sport-Haley Sees Settlement in Class Action Suit
Sport-Haley, Inc. has announced that on April 29, 2004, the United States District Court for the District of Colorado entered a Final Order and Judgment approving the settlement of the class action that had been pending since October 2001 against the Comp
adidas Signs Prep Star to Six Year Deal; Telfair Will Go to NBA
adidas and Sebastian Telfair have announced they have inked a six-year guaranteed endorsement deal reportedly worth $1 million to $2 million per year. Telfair, the 2003-2004 New York City Player of the Year, also announced that he would forgo college and
Mission Hockey and ITECH in Merger Deal
Mission Hockey of Santa Ana, California and Montreal-based ITECH Sport Products Inc. have announced that the two specialty hockey equipment manufacturers have merged to form one organization, Mission-ITECH Hockey. Bob Naegele Jr. will be chairman of the
Ruff Wear Jumps Accross The Pond
Ruff Wear, the Bend-based producer of Gear For Dogs On The Go, has expanded its European distribution. After seeing a year of steady growth and success throughout Europe in Denmark, Sweden, Norway, Finland and Germany, Ruff Wear has announced that it will
Shoe Pavilion Swings to Profitability
Shoe Pavilion reported Q1 net income of $352,000 or 5 cents per share for the first quarter of 2004, compared to a net loss of $1.3 million or (19 cents) per share last year. Net sales increased 5.3% to $19.6 million for the first quarter, from net sales
Tag New Media Receives Summit Creative Award For Rossignol Work
Tag New Media was awarded a bronze for online advertising in the 2004 Summit Creative Awards® competition for its outstanding creative work for Rossignol. The prize was awarded for TNM's design and development of a microsite to promote Rossignol'
Bite’s April Sales Jump 20%
Bite Footwear broke sales records this April reporting a 20% increase in gross sales from April 2003, the company’s highest U.S. sales in a single month to date. Bite’s successful spring kicked off in March with the company’s highest monthly sales yet in
Callaway Taps Hayes to Run Canada Subsidiary
Callaway Golf Company has appointed Doug Hayes to the position of President and General Manager of Callaway Golf Canada, Ltd, the Company's Canadian subsidiary. Hayes has spent 22 of his 24 years in the sports industry with adidas Salomon Canada, Ltd
SGMA Reports Highlights Sporting Goods Manufacturers Financial Performance
U.S. sporting goods manufacturers maintained a healthy rate of sales growth while controlling costs and managing assets well. However, a reduction in gross margin attributable to pricing pressure resulted in weaker bottom line results in 2003 compared t
Pacific Cycles Fitting in Nicely at Dorel; Posts 50% of Company Sales Gain…
Total revenues at Dorel for the first quarter of 2004 were up 41.5% to $391.8 million, compared to $276.9 million. Net earnings for the quarter were $19.6 million or 60 cents per share, compared to 19.2 million or 60 cents per share for the first quarter
