SGB Update

NIKE, Inc. moved their traditional quarterly earnings release date up a few days to accommodate the company’s annual meeting on Monday, a move a number of analysts applauded for its timing and content. Company management was again almost giddy with excit

Phoenix Footwear stated it will not meet previously issued third quarter or full year EPS guidance of $1.00 to $1.10 due to contract and delivery timing delays as well as several other factors, including weather related production delays at the company’s

West Marine CEO, John Edmondson, said that slowing consumer spending has caused a shortfall in company sales, causing him to cut guidance estimates for the third quarter and fiscal year. Sales for the third quarter are now expected to be $184 to $185 mill

New Callaway CEO William Baker, the long-time ELY board member who replaced Ron Drapeau in early August, wants to take a longer look at the business over the balance of the year and is looking for a little room to maneuver before providing any updated sal

Umbro capitalized on the worldwide growth of the soccer market and key licensed apparel deals to post a 36.4% increase in sales for the first half of 2004 to £94.1 million ($171.5 mm) compared to £68.9 million ($111.1) last year. Umbro said that it had r

Lotto is hitched to the rising worldwide popularity of soccer and has posted a strong first half-year with sales increasing 3.1% to €135.1 million ($166.0 mm), compared to €131.1 million ($144.9 mm) in 2003. Direct sales were €95.4 million ($116.1 mm), a

Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. Due to the use of ‘tubular cylinders’ in many of the company’s mid price-point locks allows the locking mechanism to be picked with a plastic pen. S

Riddell Sports Group has acquired a new ‘Head Impact Telemetry’ system, or HIT, from Simbex LLC. This new technology will allow Riddell to produce a consumer product which monitors and records the severity and incidence of impacts taken by a player via sm

EMU Australia has former a new subsidiary, EMU Ridge Europe, which will be taking over all EU operations for the brand. The wholly-owned subsidiary will be led by EMU’s new European Managing Director Stefan Dongus who will work directly in conjunction wit

The private equity fund, MCG Global has acquired Imperial Headwear from Arena Brands. Imperial derives approximately 75% of its revenues from the golf industry, where its headwear products are sold in 89 of the top 100 golf courses in the United States, p

Saucony Inc. filed papers last week indicating the company entered into retention agreements with several officers as incentives to work through any possible change in ownership of the company. The agreements cover Michael Umana, COO/EVP/CFO; Michael Jepp