Garmin Second Quarter Sales Jump 32%
Garmin revenue for the quarter increased 32% to $189.7 million from $143.5 million in the year-ago quarter. Net income was $56.3 million, or $0.52 diluted earnings per share, compared to $47.2 million or $0.43 diluted earnings per share in the year-ago q
Russell Signs Deal with Mid-Eastern Athletic Conference
Russell has signed an agreement with the Mid-Eastern Athletic Conference to supply athletic apparel, team uniforms, balls and sports equipment to nine teams in the southeast. The company announced in April it had signed agreements with the Southwestern At
Collegiate Pacific Awarded 5-Year GSA Contract
Collegiate Pacific has been issued a five year contract by the General Services Administration to supply sports equipment to military and federal agencies worldwide. It is estimated that the GSA agencies spend over $100 million annually on sports and recr
Sugoi Inks Deal with Jeff2 Sporting Goods Agency
Sugoi has hired the Jeff2 Sporting Goods Sales Agency for the Greater Los Angeles area north to San Luis Obispo. Jeff Anderson and Jeff Darby, the principals of the agency, have over 20 years of professional sales experience and a total of over 40 years i
Timberland Launches ‘Community Builders Tour’
The Timberland Company will kick off a grassroots tour of U.S. cities that is designed to unite local residents, community organizations, key corporations, and select retailers around the concept of empowering the community through service. Designed to c
Cabela’s Income Falls 35%; Top Line Grows 11.3%
Cabela's total revenue for the second quarter of fiscal 2004 increased 11.3% to $279.1 million compared to $250.8 million for the same period last year. Second quarter net income was $2.0 million, or 3 cents per diluted share, compared to $3.1 millio
PUMA Sees Q2 Profits Jump Nearly 49%; Backlog Up 21.9%
PUMA reported that second quarter consolidated sales increased by 17.1% to €352.3 million ($424.3 mm). The Apparel segment realized the strongest growth of 26.3% to €98.7 million ($118.9 mm). Footwear was up 13.3% to €229.0 million ($275.8 mm) and Accesso
Rocky Earnings Increase 32% on 25% Top Line Growth
Rocky Shoes & Boots reported the eighth consecutive quarter that diluted EPS increased. Net income rose 32.1% to $1.4 million for the second quarter of 2004 from $1.1 million in the second quarter of 2003. Net income per diluted share increased 16.0% to
Stage Stores Appoints New EVP, GMM
Stage Stores has appointed Cynthia “Cinny” Murray to the position of EVP, General Merchandise Manager. Ms. Murray will report to Jim Scarborough, Chairman, President and Chief Executive Officer, and will oversee the misses sportswear, junior sportswear, s
Rocky Opens New Branded Retail Store
Green Bay, Wisconsin, will soon be home to a ruggedly unique shopping experience when the first-ever ROCKY Outdoor Gear of Green Bay store opens its doors. This new store will allow consumers to experience the complete spectrum of Rocky products. Matt Ols
Johnson Outdoors Closes Two Watercraft Facilities
Johnson Outdoors plans to outsource manufacturing at its Grand Rapids, Michigan facility, and to shift production from Mansonville, Canada to its Old Town, Maine operation, as part of the Company’s on-going efforts to increase efficiency and improve prof
LEKI wins ISPO Outdoor Award
LEKI recently won first place at the 2005 Summer ISPO Outdoor Awards. LEKI's new, patented Nordic Walking model, the Pacer Vario, won in the outdoor sector, hardware category. The Pacer Vario poles are adjustable, in order to fit each walker. It is a
Luxottica Earnings Jump 17% on 14% Sales Gain
Luxottica Reported that consolidated net sales for the second quarter improved by 13.7% to €803.5 million. Consolidated operating income for the quarter improved year-over-year by 24.3% to €139.1 million. Consequently, consolidated operating margin for th
Davis Sentenced in JFF Case; Ruttenberg Postponed
Steven C. Davis, a former executive of Just for Feet, Inc., was sentenced Tuesday to 2 months home detention, 24 months probation and ordered to pay a fine of $5,000.00 in the ongoing Just for Feet fraud investigation. On April 22, 2004 Davis had entered
Arctic Edge Hires Pine as New VP-Sales and Marketing
Arctic Edge LLC, North American distributors of 66ºNORTH, has hired marketing executive Karim Pine as its Vice President of Sales and Marketing. Pine will help build and support key accounts and hire and manage the sales team. Karim Pine is the former pro
