Phoenix Footwear Group, Inc. Updates 2003 Outlook
Phoenix Footwear Group, Inc. commented on its recent failed bid for Antigua Enterprises, Inc. and also announced that for the 12 months ended December 31, 2003, it expects to generate earnings, after one-time charges related to relocation of the company&#
Ross Stores 2002 Earnings Up 30% on 18% Sales Gain
Ross Stores, Inc. reported earnings per share for the year ended February 1, 2003 grew 32% to $2.52, from $1.91 for the previous year. Net earnings for 2002 increased 30% to a record $201.2 million, compared to $155.0 million for last year. Sales for t
NSGA: Team Sports Participation Solid in 2002
With the exception of tackle football and volleyball, all team sports showed participation increases in 2002, according to preliminary numbers found in the soon-to-be released “Sports Participation in 2002” reports. The reports, published in two series by
The Hockey Company Appoints Biz Dev / Roller Hockey Manager
The Hockey Company is pleased to announce the appointment of Bart Kasowski to the position of New Business Development and Roller Hockey Manager. Mr. Kasowski has 10 years of experience in the sporting goods industry…
SIA: Snowboard Sales Surge in Chain Stores as Total Sales Slip
Despite the abundant snowfall in many parts of the U.S. this winter, chain store sales were still down 4.6%
for August through January compared to the same period of 2002. In dollars, that translates to $372.2 million in sales so far this year compared t
MOSA Recalls Bicycle Helmets
MOSA Sports of Hermosa Beach, Calif., Tuesday recalled 1,250 Five 40 brand bicycle helmets because they failed Consumer Product Safety Commission impact tests. The recalled helmets are black, white or red, and have the name “Five 40” printed on the front
Smith and Wesson Q3 Earnings Plunge on Higher SGandA Costs
Smith & Wesson Holding Corporation reported revenue for the third quarter of fiscal 2003 and 2002 was $24.9 million and $21.6 million, respectively. Resulting earnings per share for the same periods were $.01 versus $.07. Revenues for the nine months end
K2 Confirms MLB Contract Issue in Rawlings Deal
K2 Chairman and Chief Executive Richard Heckmann confirmed on Monday that Rawlings’ Major League Baseball contract is the stumbling block in the acquisition talks between the two companies.
Heckman said he would abandon K2's proposed $74 million pu
SIA: Specialty Store Sales Up 7.9% as Average Price Dips
According to the SnowSports Industries America (SIA) Retail Audit, sales through the end of January at specialty ski and snowboard shops were up 7.9% compared to the same time period last season. In dollars, that translates to $1.32 billion in sales compa
Cutter and Buck Wholesale Biz Can’t Offset Retail Liquidation…
Liquidation sales at Cutter & Buck's retail stores lifted winter revenues, but store-closing costs and legal expenses weighed down the company’s fiscal Q3 results.
Cutter & Buck said in December that it would close all 14 of its retail stores to fo
Contracts Stymie K2/Rawlings Deal…
Rawlings shares closed down 12.1% for the week to close at $7.70 on Friday after K2’s CEO said that certain conditions of its proposed deal to buy Rawlings Sporting Goods Inc. had not been met.
Hibbett Beats the Street in Q4…
Hibbett Sporting Goods shares were up 6% for the week to close at $24.40 on Friday as the small-market sporting goods operator beat both the Thomson First Call consensus estimate of 40 cents a share and HIBB's prior guidance of 39 cents to 41 cents a
Dick’s Capitalizes on Winter in East…
While other retailers complained that a real winter season kept consumers inside during much of the fourth quarter, Dick's Sporting Goods took the opportunity to keep goods flowing into – and out of – its stores…
Shoe Carnival Profits Up 44% for Q4 as Comps Dip…
Shoe Carnival didn't let a little thing like soft comps hold back their hard-charging ways. Even though sales were soft for the quarter, profits soared 44% in Q4.
SCVL same-store sales were down 3.9% for Q4 and dipped 0.4% for the year. Comp sales
adidas-Salomon Rides Golf Growth to Record 2002…
Consolidated net sales for the adidas-Salomon Group grew 7% to reach €6.5 billion ($6.8 billion) in 2002. On a currency-neutral basis, sales were up 11%…