G-III 2002 Profits Plunge 84% as Sales Flatten
G-III Group, Ltd. reported net sales for the twelve-month period ended January 31, 2003 were $202.7 million compared to $201.4 million last year. The Company reported net income of $382,000, or $0.05 per diluted share, for the twelve months ended January
Elder-Beerman Reports 2002 Profit on Weaker Sales
The Elder-Beerman Stores Corp. reported income, before the cumulative effect of changes in accounting principles, of $0.9 million or $0.08 per diluted share for the fiscal year ended February 1, 2003 compared to a net loss of $0.9 million or $0.08 per dil
Vans Reports Fiscal Q3 Loss on Flat Sales; Carver and Nagel to Leave
Vans, Inc. announced net sales for the third quarter of fiscal 2003 ended March 1, 2003 were $82.1 million compared to $82.2 million in the third quarter of last year. The Company reported a net loss of $9.2 million, or $0.51 per diluted share for the qua
Huffy Corp. Signs License Deal to Extend Brand to Over 100 Countries
Huffy Corporation announced the signing of Taipei, Taiwan-based Test-Rite International, as Licensee covering over 100 countries in Europe, Asia and South America. Test-Rite is a Global organization specializing in Trading and Retailing with vertical inte
Timex Adds Hartford Group as West Coast Reps
Timex announced the appointment of the Hartford Sales Group to represent Timex in the Sports channel in the west coast territory of Arizona, California, Hawaii and Nevada. The Hartford Sales Group will be representing Timex, Reebok, & Timberland watches
Nike U.S. Re-Alignment Hurts Sales and Earnings
NIKE, Inc. reported revenues for the third quarter ended February 28, 2003 increased 6% to $2.4 billion, versus $2.3 billion for the same period last year. Third quarter net income totaled $125 million, or $0.47 per diluted share, compared to $126 millio
Shoe Pavilion 2002 Net Income Plunges 90% on 4.9% Sales Dip
Shoe Pavilion, Inc. reported net income of $146,555, or $.02 per share, for the year ended December 28, 2002 compared to net income of $1.5 million or $.21 per share, for the year ended December 29, 2001. Net sales for the twelve months ended December 28
Goody’s Posts 2002 Profit on Flat Sales
Goody's Family Clothing, Inc. reported net earnings for the year ended February 1, 2003 were $7.6 million, or $0.23 per diluted share, compared with a net loss of $20.2 million, or $0.62 per share, for fiscal 2001. Total sales for fiscal 2002 were $
Phoenix Footwear Group, Inc. Updates 2003 Outlook
Phoenix Footwear Group, Inc. commented on its recent failed bid for Antigua Enterprises, Inc. and also announced that for the 12 months ended December 31, 2003, it expects to generate earnings, after one-time charges related to relocation of the company&#
Ross Stores 2002 Earnings Up 30% on 18% Sales Gain
Ross Stores, Inc. reported earnings per share for the year ended February 1, 2003 grew 32% to $2.52, from $1.91 for the previous year. Net earnings for 2002 increased 30% to a record $201.2 million, compared to $155.0 million for last year. Sales for t
NSGA: Team Sports Participation Solid in 2002
With the exception of tackle football and volleyball, all team sports showed participation increases in 2002, according to preliminary numbers found in the soon-to-be released “Sports Participation in 2002” reports. The reports, published in two series by
The Hockey Company Appoints Biz Dev / Roller Hockey Manager
The Hockey Company is pleased to announce the appointment of Bart Kasowski to the position of New Business Development and Roller Hockey Manager. Mr. Kasowski has 10 years of experience in the sporting goods industry…
Smith and Wesson Q3 Earnings Plunge on Higher SGandA Costs
Smith & Wesson Holding Corporation reported revenue for the third quarter of fiscal 2003 and 2002 was $24.9 million and $21.6 million, respectively. Resulting earnings per share for the same periods were $.01 versus $.07. Revenues for the nine months end
K2 Confirms MLB Contract Issue in Rawlings Deal
K2 Chairman and Chief Executive Richard Heckmann confirmed on Monday that Rawlings’ Major League Baseball contract is the stumbling block in the acquisition talks between the two companies.
Heckman said he would abandon K2's proposed $74 million pu
SIA: Specialty Store Sales Up 7.9% as Average Price Dips
According to the SnowSports Industries America (SIA) Retail Audit, sales through the end of January at specialty ski and snowboard shops were up 7.9% compared to the same time period last season. In dollars, that translates to $1.32 billion in sales compa
