Vail Gets Heavenly Relief in Fiscal 2003
Vail Resorts, Inc. reported that the net loss for the fiscal year ended July 31, 2003 was $8.5 million, or a loss of 24 cents per diluted share, compared to net income of $7.1 million, or income of 20 cents per diluted share, for the same period last year
Reebok Signs Stojakovic to Footwear Deal
Reebok has signed a multi-year endorsement agreement with Sacramento Kings' phenom Predrag “Peja” Stojakovic. Widely considered one of the best shooters in the league, Stojakovic is the reigning “NBA All-Star 3 Point Shoot-Out” champion for 2003 and
KHS Offers New Financing Package
KHS and American General Finance (AGF) have joined forces to provide retailers with financing for their customers for the purchase of KHS and/or Free Agent Bikes…
Everlast Q3 Net Income Falls 75% on 4.9% Sales Decline
Everlast Worldwide Inc. reported net sales declined 4.9% to $16.1 million for the third quarter ended September 30, 2003, compared to $16.9 million in the year-ago period. Net licensing revenues increased 14.8% to $1.6 million vs. $1.4 million in the 200
Kohl’s Q3 Net Income Decreases 9.1% on Lower Comp Sales
Kohl's Corporation reported net sales for the third quarter increased to $2.4 billion from $2.1 billion a year ago, an increase of 11.7%. Comparable store sales declined 1.3%. Net income was $121.2 million or $0.35 per diluted
share, compared with $1
Solidarity Fund To Sell 2.5 Million Gildan Shares
Gildan Activewear confirmed that the Solidarity Fund QFL had informed the Company of its intention to sell, in an orderly manner, its entire equity position in Gildan, amounting to close to 2.5 million class A subordinate voting shares…
Payless Swings to Q3 Loss on 1.4% Comp Sales Decline
Payless ShoeSource, Inc. posted a loss of $2.2 million, or $0.03 per diluted share, for the third quarter of fiscal 2003, compared to net earnings of $29.6 million, or diluted earnings per share of $0.43, during the third quarter of fiscal 2002. Company
WaterMark Revamps Management Team
WaterMark announced that Andy Papademetriou has joined WaterMark's management team as vice president of product development. Joe Pulliam has been promoted to executive vice president of business development and will remain at the Easley, S.C. facilit
Footstar Delays Filing of Third Quarter Report
As expected, Footstar, Inc. on Monday informed the SEC that it will not file its Form 10-Q for the quarterly period ended September 27, 2003, by November 12, 2003 when it is otherwise due because its financial statements are not yet complete…
Arc’Teryx Hosts Its Own Mini-Trade Show
ARC'TERYX introduced a new element in evolution this fall as the company hosted its first ever Evening of Innovation…
Outdoor Industry Association Ready to Go to Work with Governor Walker
Outdoor Industry Association has commended Governor Leavitt and the State of Utah for using its influence to protect the recreational and wilderness qualities of Utah's wild lands and for signing an executive order that creates an Outdoor Recreation
Grivel NA Bring In Mark Wilford As Midwest Rep
Grivel North America has hired Mark Wilford as the sales representative for the Midwest territory. As a climbing and outdoor industry veteran, Wilford has a proven sales record in the Midwest, with a territory encompassing 14 states outside of his native
Timberland Announces Stock Repurchase Authorization
The Timberland Company today announced that its Board of Directors has authorized the repurchase of up to an additional four million shares of the Company's Class A Common Stock. This additional program supplements the Company's current four mil
WL Ross Completes Burlington Acquisition
WL Ross & Co. has completed the purchase of Burlington Industries previously approved by U.S. Bankruptcy Judge Newsome, and the simultaneous sale of Lees Carpets to Mohawk Industries, Inc. CIT Business Credit, Inc. has provided the new company with an $85
TJX Q3 Sales Up 11% – Comps Up 3%
The TJX Companies announced sales and earnings results for the Q3 ended October 25, 2003. Net sales for the third quarter were $3.4 billion, an 11% increase over last year, with consolidated comparable store sales up 3%. Net income was $183 million and di
