SGB Update

Nordica Names Kipp NE Race Coordinator

Nordica USA has appointed Tyler Kipp to the position of New England Racing Coordinator. The New England Racing Coordinator position is new to Nordica and will help solidify service for the company’s growing race program. Kipp will oversee the development

Delta Apparel Fiscal Q4 Sales Off15%, Earnings fall 59%

Delta Apparel reported fiscal Q4 net sales decreased 15.3% to $36.8 million, when compared from the prior year quarter. Net earnings for the quarter were $1.6 million, down from $3.9 million in the year-ago period. Sales for the year ended June 28, 200

Coastcast Continues Decline; Cites Chinese Competition

Coastcast Corporation reported net sales were $13,133,000 for the second quarter of 2003 vs. $19,945,000. For the six months ended June 30, 2003 as compared to the same period in 2002, sales were $23,864,000 vs. $41,901,000. The company expects to report

Fox River Mills Taps Results Sales And Marketing

Fox River Mills has named a new sales representative group for upstate New York and western Pennsylvania.

Results Sales and Marketing, whose principal representatives include Kirk Miller and Jim Moore, will represent Fox River in those regions.

Oakley Establishes Annual Dividend Policy

Oakley, Inc. announced that its Board of Directors had initiated an annual dividend policy and declared the Company's initial regular annual cash dividend of $0.14 per share, payable October 31, 2003, to shareholders of record at the close of busines

Oakley Appoints New Board Member

Oakley, Inc. announced the appointment of Tom Davin to the company's Board of Directors and to the Audit Committee of the Board of Directors. Mr. Davin currently serves as the Operating Partner of Brentwood Associates, a middle-market private equity

Sport Supply Group Q2 Earnings Fall as Sales Dip 3.0%

Sport Supply Group announced net income before cumulative effect of accounting change for the quarter ended June 2003 fell 45.2% to $115,000 compared to $210,000 for the quarter ended June 2002. Net sales for the quarter dipped 3.0% to $26.0 million. In

TJX Q2 Net Income Off 4.9% on 2.0% Comp Store Gain

The TJX Companies, Inc. announced net sales for the fiscal second quarter were $3.0 billion, a 10% increase over last year, with consolidated comparable store sales increasing 2%. Net income was $123 million and diluted earnings per share were $.24, which

JC Penney Narrows Q2 Loss on 2.1% Comp Store Gain

JC Penney Company reported a second quarter loss of $0.02 per share compared with a loss of $0.05 per share in last year's quarter. Department stores Q2 LIFO operating profit more than doubled to $51 million compared with $22 million last year, an i

Next Inc. Taps Howard for Top Sales Slot

Next, Inc. has appointed Stan Howard to the position of Vice President Sales and Marketing for the company. Mr. Stan Howard, through the acquisition of Lil Fan Inc and affiliates by Next, has added significant customers and product lines. Mr. Howard has

George Joins Nike’s Team Jordan

Jordan, a division of Nike, Inc., announced the addition of record-breaking Pro Bowl running back Eddie George to Team Jordan, the elite group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…

True Temper Sees Benefit from Increase in Q2 International Sales

True Temper Sports, Inc. announced that net sales for the second quarter increased 8.7% to $32.5 million from $29.9 million during the second quarter of 2002. Total international sales increased by 23% when compared to the second quarter of 2002. Net in

May Company Posts Q2 Loss on Divestiture Costs

The May Department Stores Company saw a net loss of $100 million, or 39 cents per share, for the second quarter, compared with net earnings of $69 million, or 22 cents a share, in the year-ago period. The Q2 2003 results include a charge of $318 million,

Sun Ice Withdraws Acquisition Plan

Sun Ice Limited and the company set up to take it private have jointly announced that the plan to execute the transaction has been withdrawn. The purchasing company was set up as a holding company wholly-owned by Sylvia Rempel, the President, CEO and Cha