True Temper Ride Steel Shafts to 53% Q3 Profit Gain
True Temper Sports, Inc. announced net sales for the third quarter increased 12.1% to $24.7 million from $22.0 million during the third quarter of 2002. Net income for the quarter increased to $2.3 million from $1.5 million in the third quarter of 2002…
Texas Pacific to Acquire Sneaker Outsole Supplier
Texas Pacific Group will acquire the KRATON Polymers Group of Companies from Ripplewood Holdings LLC and other i a deal valued at $770 million. KRATON is the world's largest producer of styrenic block copolymers, a family of products used in adhesiv
Footstar Delays Filing of Third Quarter Report
As expected, Footstar, Inc. on Monday informed the SEC that it will not file its Form 10-Q for the quarterly period ended September 27, 2003, by November 12, 2003 when it is otherwise due because its financial statements are not yet complete…
Antigua YTD Falls 39% on 3.3% Sales Decline
Antigua Enterprises Inc. reported that net sales for the nine months ended Sept. 30, 2003 declined 3.3% to $29.7 million compared to $30.7 million in 2002. Net income declined 38.7% to $674,228 compared to $1,098,992 in 2002…
Arc’Teryx Hosts Its Own Mini-Trade Show
ARC'TERYX introduced a new element in evolution this fall as the company hosted its first ever Evening of Innovation…
Outdoor Industry Association Ready to Go to Work with Governor Walker
Outdoor Industry Association has commended Governor Leavitt and the State of Utah for using its influence to protect the recreational and wilderness qualities of Utah's wild lands and for signing an executive order that creates an Outdoor Recreation
Grivel NA Bring In Mark Wilford As Midwest Rep
Grivel North America has hired Mark Wilford as the sales representative for the Midwest territory. As a climbing and outdoor industry veteran, Wilford has a proven sales record in the Midwest, with a territory encompassing 14 states outside of his native
Timberland Announces Stock Repurchase Authorization
The Timberland Company today announced that its Board of Directors has authorized the repurchase of up to an additional four million shares of the Company's Class A Common Stock. This additional program supplements the Company's current four mil
WL Ross Completes Burlington Acquisition
WL Ross & Co. has completed the purchase of Burlington Industries previously approved by U.S. Bankruptcy Judge Newsome, and the simultaneous sale of Lees Carpets to Mohawk Industries, Inc. CIT Business Credit, Inc. has provided the new company with an $85
TJX Q3 Sales Up 11% – Comps Up 3%
The TJX Companies announced sales and earnings results for the Q3 ended October 25, 2003. Net sales for the third quarter were $3.4 billion, an 11% increase over last year, with consolidated comparable store sales up 3%. Net income was $183 million and di
J. C. Penney Q3 Income Down On 1.7% Comp Store Gain
J. C. Penney Company third quarter income from continuing operations of $0.27 per share compared with $0.30 per share in last year's quarter. Earnings were in line with management's recent guidance.
Canari Appoints New Reps
Canari Cycle Wear has appointed new sales representatives. Jeff Stewart is the new Canari rep for Texas, Oklahoma, Arkansas and Louisiana and Jim Rasmussen is the new Canari rep for Orange, San Bernadino, and San Diego counties in California…
Steinmart Chief Merchant Resigns Position
Stein Mart, Inc. announced that Gwen K. Manto has resigned her position as vice chairman and chief merchandising officer of the company in order to pursue other interests. She also resigned her position on Stein Mart's board of directors…
adidas Admits to U.S. Missteps, Looks to Future…
As is any twelve-step process to recovery, it’s important first to admit that you have a problem. adidas-Salomon management believes they know what they need to do to fix the weakened U.S. adidas brand business, including a major branding campaign and a
Johnson Outdoors Pre-Warns on Fiscal Year Earnings
Johnson Outdoors Inc. announced it anticipates its fiscal year 2003 earnings per diluted share to be in the range of $0.60 – $0.63 (pending completion of the audit of the Company's financial statements). The earnings range reflects a projected fourth
