Liquidmetal Q2 Loss Widens as Sales Triple
Liquidmetal(R) Technologies, Inc. reported revenues for the second quarter increased 199% to $6.4 million from revenues of $2.1 million for the second quarter of 2002. Due to restructuring efforts, the loss from continuing operations in the second quarte
Court Rules in Favor Of Nautilus
The Nautilus Group announced the United States District Court for the Western District of Washington ruled in favor of The Nautilus Group on a motion for preliminary injunction, and entered an order now barring ICON Health & Fitness, Inc. from using the m
K2, Inc. Adds Worth to Brand Stable
K2 announced that it has signed a letter of intent to acquire 100% of the stock of softball powerhouse Worth, Inc. The parties anticipate that the purchase price, which will not be disclosed, will be a combination of K2 common stock and cash, plus the as
Callaway To See More Than $1 Million in Big Easy Settlement
Callaway Golf Company announced that it has received an additional $800,000 in cash settlements from a group of defendants charged with selling “Big Easy” golf clubs, bringing total cash settlements in the case to over $1 million…
Finish Line Opens 500th Store
The Finish Line will open its 500th retail store at the Mall of America on Friday, August 1, 2003. To celebrate the grand opening, Finish Line will give away 500 pairs of shoes to the first 500 customers in line…
Nugent Tapped to Head Ex Officio Merchandising
Ex Officio carved out a new senior management position focusing on merchandising and design. Pat Nugent will head up the overall product and inventory strategy, including management of product development, agent relationships, manufacturing strategy, and
Nautilus Sees Q2 Net Income Plunges 82% on 28% Sales Slide
The Nautilus Group Announces announced second quarter net sales were $100.6 million compared to $140.4 million for the corresponding period last year. Net income during the period was $4.7 million, or $0.14 per diluted share, compared to $25.8 million, or
LaCrosse Industral Sales Erase Nice Q2 Gains at Danner and LaCrosse
LaCrosse Footwear, Inc. reported consolidated net income for the second quarter was $0.004 million, or $0.00 per share, compared to a loss of $3.8 million, or $0.64 per share in the second quarter of the prior year. Total net sales decreased 6.9% to $18.
Aldila Q2 Net Loss Triples on 6.6% Sales Decline
Aldila, Inc. reported net sales of $9.9 million for the second quarter ended June 30, 2003, compared to net sales of $10.6 million in the second quarter of 2002. The company reported a net loss of $471,000 ($0.10 loss per share) for the second quarter of
West Marine July Comps Inch Up 1.0%
West Marine, Inc. reported that net sales for the four weeks ended July 26, 2003 were $76.1 million, a 28.5% increase from net sales of $59.2 million for the same period a year ago. Comparable store net sales for the four weeks ended July 26, 2003 increas
Be One Announces New German Strategy
After the separation from the German company Faggin, Dutch Accell Group Brand, Be One Bikes, will enter the German market direct…
K-Swiss Doubles Q2 Net Income on 50% Sales Gain; Futures Up Over 80%
K-Swiss Inc. saw net earnings for the second quarter of 2003 increase 108.0% to $12.6 million, or $0.67 per diluted share, compared with $6.0 million, or $0.30 per diluted share, in the prior-year period. Total worldwide revenues increased 49.4% to $111.
The Bon-Ton Proposes Elder-Beerman Merger
The Bon-Ton Stores, Inc. on Tuesday announced that it had submitted a proposal to the board of directors of The Elder-Beerman Stores Corp. that provides for a combination of the two companies in which all Elder-Beerman shareholders would receive $7.00 per
Saucony Q2 Net Income Jumps 44% as Sales Slip
Saucony announced net income for the second quarter increased 44% to $2.2 million while net sales decreased 5.5% to $34.5 million. Domestic net sales decreased 7% to $27.2 million. The net income jump was primarily driven by a 500 basis points increase
The K2 Model Starts to Bear Fruit as the Company Leverages Production Assets…
The move to acquire and consolidate Rawlings has had its share of skeptics, and the appeal to retailers for an aggregated brand platform has been a question mark, but the folks at K2 Inc. appear to have assembled a nice formula and a strong team for futur
