Analysts Take Big 5 Down on Negative News
Shares of Big 5 Sporting Goods Corp. were down 5.6% Wednesday on news released a day earlier (Story) that the-largest-sporting-goods-retailer-on-the-west-coast cut its profit outlook for its fourth quarter
Royal Precision Cuts Second Quarter Losses
Royal Precision Inc. continues losing money, but the maker of golf club shafts and grips managed to cut its losses in the quarter ending Nov. 30 by almost two-thirds thanks to a 23% jump in sales…
Frisby Files For Bankruptcy Protection
Frisby Technologies, Inc. announced that it has filed a voluntary petition for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Middle District of North Carolina…
Callaway Sets Record Straight on Bloomberg Report
Callaway Golf Company demanded and received a correction of an erroneous news report circulated by Bloomberg, the international financial news wire service…
Smith and Wesson Signs Japan Apparel License Deal
Smith & Wesson Holding Corporation announced its newest licensing agreement with Nissho Iwai General Merchandise Corporation of Japan for the design, manufacture and distribution of men's and women's apparel that will bear the Smith & Wesson nam
Speedo Parent Bankruptcy Reorg Plan Accepted
The Warnaco Group, Inc., parent of apparel brands Speedo and Authentic Fitness, announced that the U.S. Bankruptcy Court for the Southern District of New York confirmed its Plan of Reorganization on Thursday…
Callaway Files Late Q3 10-Q; May See Upside to 2002 Guidance
Callaway Golf expects net sales and earnings for the year ended December 31, 2002 to be at the high end, if not slightly above, the range provided on December 16, 2002…
Skechers Assumes Canada Distribution
Skechers USA, Inc. announced that effective immediately it is assuming the distribution of its product in Canada…
The Sportsman’s Guide 2002 Results to Exceed Estimates
The Sportsman's Guide, Inc. announced that the Company will report total sales in the range of $65 to $66 million and net earnings per share of $0.50 to $0.52 for its fourth quarter ended December 31, 2002…
Sears 2002 Per Share Earnings Jump 91.5%
Sears, Roebuck and Co. reported net income was $1.4 bn, or $4.29 per share, for 2002 as compared to $2.24 per share last year. Reported fourth quarter 2002 net income, including the non-comparable items, was $848 million or $2.67 per share, compared with
Federated to Merge Rich’s and Macy’s in Atlanta; Add Bloomingdales
Federated Department Stores, Inc. announced the strategic integration of its Rich's and Macy's stores in metro Atlanta beginning in February, as well as plans to bring Bloomingdale's to the Atlanta market in two major malls as early as fall
Federated Predicts a Flat 2003
Federated Department Stores, Inc. provided preliminary earnings guidance for fiscal 2003, which will be further refined with the conclusion of fiscal 2002 and when year-end earnings are released on February 25…
Tecnica to Establish Nordica Subsidiary in U.S.
Upon finalization of the sale of the Nordica brand from Benetton to the Tecnica Group on February 1, 2003, Nordica will establish an independent subsidiary in the USA…
Big 5 Backs Off Q4 Expectations
Big 5 Sporting Goods backed off earlier earning per share guidance and saw fourth quarter same-store sales soften. The largest-sports-retailer-on-the-west-coast now expects Q4 GAAP-calculated EPS in the to be $0.38 to $0.40 range versus the $0.42 to $0.4
Greg Frisby Loses CEO Position, Remains COB
Frisby Technologies, Inc. announced today that Greg Frisby, the company's founder, was removed from his position as Chief Executive Officer by a 3-2 vote of the Board of Directors. Mr. Frisby retained…
