Timberland Q3 Net Income Up 29% on Balanced Sales Gains
Timberland reported record third quarter net income of $68.6 million and diluted EPS of $1.92, compared with Q3 2003 net income of $53.3 million and diluted EPS of $1.47. Revenue increased 11.3% to $493.9 million, driven by gains in both U.S. and interna
Deckers Profits Jump 1100% on 124% Sales Increase
Deckers Outdoor Corporation reported that third quarter net sales increased 124% to a record $55.8 million compared to $24.9 million in the same period last year. Net earnings for the quarter increased to $5.8 million or 46 cents per diluted share, compar
Panoptx Names Hogan Marketing Director
Panoptx Eyewear has named Jackson Hogen director of marketing, effective immediately. Hogen has more than 30 years of experience in the wintersports industry, especially in the fields of sales training and strategic planning.
Rocky Shoes and Boots Sales Climb 21%; Income Up 41%
Rocky Shoes & Boots' net income increased 41% to $4.9 million for the third quarter of 2004 compared to $3.5 million for the third quarter of 2003. Net income per diluted share increased 27% to $0.98 for the third quarter of 2004 from $0.77 a year a
Reebok Sees 30.5% Increase in Q3 Net Income; THC Helps
Reebok International Ltd. reported net income for the third quarter increased 30.5% to $82 million, or $1.36 per diluted share, compared to net income of $63 million, or 96 cents per diluted share, in the third quarter of 2003. Net sales for the 2004 thi
New Day, Same Story: Margolis Out and Fireman Assumes Reebok Reins
Paul Fireman, chairman and chief executive officer of Reebok International Ltd., announced Thursday that Jay Margolis has resigned as president and chief operating officer of Reebok, and as a director on the Reebok Board. Fireman has committed to the Ree
VF Names Batten VP – Controller
VF Corporation has named Brad Batten as Vice President and Controller. Batten rejoins VF after serving at Sara Lee Corporation, a diversified consumer products company with worldwide revenues of $18 billion. While at Sara Lee Batten served as Vice Preside
Outdoor Coalition Accounts for 69% of VF Corp. Q3 Sales Gain
VF Corp. reported that third quarter sales rose 25% to $1,792.6 million from $1,435.4 million in the year-ago quarter. Net income increased 24% to $155.4 million from $125.3 million, with diluted earnings per share rising 21% to $1.38 from $1.14. Combine
Backcountry.com is 92nd Fastest Growing Private Company in U.S.
Backcountry.com has been named to Inc. Magazine's ranking of the fastest growing privately held companies in America. The Utah-based e-commerce business ranked number 92 on this year’s Inc. 500 list. The Inc. 500 list is “a prescient indicator of th
Nike Names New VP of Corporate Responsibility
Nike, Inc. has appointed Hannah Jones, director of corporate responsibility for Nike's Europe, Middle East and Africa (EMEA) region for the past four years, to vice president of corporate responsibility. She succeeds Maria Eitel, who will become pres
Huffy Corp. Files for Chapter 11 Bankruptcy Protection
Huffy Corporation announced Wednesday that the company and all of its U.S. and Canadian subsidiaries have filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code. Huffy has received a commitment for $50 million in debtor-in-
Foot Locker Acquires 11 Stores in Ireland
Foot Locker, Inc. has purchased 11 stores in Ireland from the Champion Sports Group Limited. The transaction, which was effected through a wholly owned Foot Locker subsidiary, will enable the company to operate these stores under the Foot Locker brand. In
K2 Third Quarter Sales Jump 99% with 12% Organic Growth
K2 Inc. reported sales for the third quarter
ended September 30, 2004 of $333.5 million, an increase of 99% from $168.0 million in the prior year, and diluted earnings per share were $0.26. Operating income in the third quarter of 2004 was $27.6 million,
Congress Declares ‘National Take a Kid Mountain Biking Day’
According to the IMBA, in an effort to get kids more active and help fight childhood obesity, the U.S. House of Representatives has passed a resolution officially declaring “National Take a Kid Mountain Biking Day.” The legislation is in memory of Jack Do
Sportsman’s Guide Expects Record Q3 Sales and Earnings Growth
The Sportsman's Guide's consolidated net earnings per share for the third quarter of 2004 are expected to be in the range of $0.19 to $0.20, on sales of approximately $56 million. Last year the Company reported net earnings per share of $0.13, o
