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
Specialty quick Hits
Accell Group reported an increase in total sales…AG has already announced that they are negotiating the purchase of the Finland’s, Tunturi, described by AG as the leader in Finland’s bicycle market…Be One Mountain Bikes Gains Independence through lice
Fotoball Suitor Makes Non-Cash Offer to Acuire Firm
Fotoball USA Inc. has received a non-cash offer from a third party for the acquisition of the outstanding shares of Fotoball common stock at a price in excess of their current market price…
Brooks Sponsors Hanson Original Distance Project
Brooks Sports was awarded the exclusive footwear and apparel sponsorship by Kevin and Keith Hanson of the Hansons Original Distance Project. This venture is dedicated to reviving the United States as a powerhouse in long-distance running…
Burlington to Accept WL Ross Acquisition Offer
Burlington Industries, Inc. on Friday announced an agreement with WL Ross & Co. LLC by which Ross' $608 million acquisition proposal has been designated the highest and best of several bids received in connection with the sale process approved last M
GSIC Issues Stock Against Warrants
GSI COMMERCE announced that it has issued 1.65 million shares of GSI Commerce common stock to Interactive Technology Holdings, LLC “ITH”, a joint venture company owned by Comcast Corporation and QVC, Inc. in exchange for warrants held by ITH to purchase 4
Amer Group Sees 2003 Operating Profits Off 30-40%; Sales Flat
Amer Group has issued downward guidance for full year 2003, citing continuous weak demand for sports equipment in the USA. The company pointed out golf equipment sales that have been below expectations. Amer Group's net sales for 2003 as a whole are
Reebok Puts Its Stamp on the Specialty Market…
The award for analyst bad timing has to go to Merrill Lynch who last week downgraded shares of Reebok from BUY to NEUTRAL, citing “the possibility of increased inventory and a growing risk from its increased presence at Foot Locker” as reported by Dow Jon
Sportsman’s Guide Doubles Q2 Profits on 9% Sales Gain
The Sportsman's Guide, Inc. sales for the second quarter were $38.0 million, an increase over the $34.8 million reported for the same period one year ago. The Company reported net earnings of $646,000, and earnings of $0.12 per fully diluted share f
