SGB Update

Sport-Haley Reports Fiscal Q2 Profit on 13% Sales Rise

Sport-Haley, Inc. reported net sales for the fiscal second quarter ended December 31, 2002 were approximately $4.0 million, an increase of 13%, from net sales of approximately $3.6 million for the same quarter in the prior fiscal year. Net income for th

Forzani Group Reports Q4 Comp Store Sales Inreases

The Forzani Group Ltd. announced that total retail system sales for the fourth quarter increased 15.8% to $361.4 million compared with $312.1 million in the prior year. Fourth quarter comparable sales in corporately-owned stores increased 2.7%, while the

Escalade Sports 2002 Profits Jump 25% on 7% Sales Gain

Escalade Sport's fourth quarter net sales increased 14% to $48.1 million bringing year to date net sales to $126.7 million, a 7% gain over last year, primarily the result of earlier 2002 acquisitions. Net income increased 29% for the quarter and 25%

NSGA: Average Price of Sports Footwear Down 3% in 2002

A decline in the average price in a key shoe category depressed the average price paid for all athletic and sports footwear in 2002, according to data released by the National Sporting Goods Association (NSGA). For 2002, the average price paid for all 24

Hibbett, Wal-Mart, Kohl’s Continue Gains…

Quick – What do Hibbett and Wal-Mart have in common other than owning small-town markets?

The two, along with Costco and Kohl’s, are the ONLY retailers in the chart on the following page that reported positive same-store sales growth for January again

Genesco Revises Fourth Quarter Sales and Earnings Guidance

Genesco Inc. said it has revised its sales and earnings expectations for the fourth quarter ended February 1, 2003, primarily due to weakness in its Johnston & Murphy business and a period of slow retail sales in the middle of the Holiday season…

Hibbett, Wal-Mart, Kohl’s Continue Solid Gains…

Quick – What do Hibbett and Wal-Mart have in common other than owning small-town markets?
The two, along with Costco and Kohl’s, are the ONLY retailers in the chart on the following chart that reported positive same-store sales growth for January against

Gildan Ups Market Share, Doubles EPS…

Gildan Activewear Inc. reported net earnings of $5.8 million for the fiscal Q1 ended December 29, 2002, up 107% from $2.8 million in fiscal Q1 2002. EPS doubled to 20 cents. Analyst estimates were 16 cents per share…

Reebok Running Collection Nabs Key Product Awards

The accolades keep coming for Reebok's Premier Road, hero shoe of the running collection's Premier Series. In the latest issue of “Runner's World” (March 2003), Reebok's new running shoe is honored with the magazine's highly accla

Callaway 2002 Net Income Jumps 19% on Reduced Revenues

Callaway Golf Company reported net sales for the full year 2002 decreased 3% to $792.1 million versus $816.2 million for the prior year. EPS were $1.03 versus $0.82 in 2001, an increase of 26%. Net income for the full year increased 19% to $69.4 million

Delmore Brothers Join Hilfiger Footwear; Dugan Signs On for Chicago

Courtney Delmore & Trevor Delmore, who are credited with developing and launching the footwear strategy for FUBU in the U.S., have joined the Tommy Hilfiger Footwear team and will handle sales in the Northeast Corridor from New Jersey through New England.

Oakley Launches Strategic Initiative for Women’s Apparel

Oakley Inc. has announced plans to augment and diversify its line of women's apparel. The initiative calls for expansion of the current product line, plus a focused drive to enter new sales markets within the category…

Merrell Continues to Fuel Wolverine Growth

Wolverine World Wide, Inc. reported revenue for fiscal 2002 reached a record $827.1 million, a 14.9% increase from the $720.1 million reported for the full year 2001. Earnings for fiscal 2002 grew to a record $1.15 per share, a 7.5% increase from the $1.