GSI Commerce Narrows Q3 Loss on 49% Jump in Sporting Goods Sales
GSI Commerce, Inc. reported that net revenue for its third fiscal quarter ended September 27, 2003 was $47.5 million in the third quarter of fiscal 2003, compared with net revenue of $32.3 million in the third quarter of
fiscal 2002, an increase of 46.9%.
Urban Outfitters Appoints New CFO
Urban Outfitters, Inc. announced that John Kyees has accepted an offer to become the CFO. Mr. Kyees has had extensive experience in the financial management of a number of specialty retail companies including the Express division of the Limited, Inc. and
Aldila Posts Q3 Profit on 24% Sales Gain
Aldila, Inc. announced third quarter net sales increased 24% to $8.0 million, compared to net sales of $6.5 million for the 2002 third quarter. Net income was $189,000 ($.04 per share) for Q3 compared to a net loss of $699,000 ($0.14 loss per share) for
Perry Ellis Expands Europe and Australia Distribution
Perry Ellis International Inc. has entered into distribution agreements for three of its top brands in Europe and Australia. Bunker Boy, based in the U.K., will distribute Grand Slam products throughout the U.K. and Europe. Core Distribution will concent
Gates Adds Grimsrud-Barnes Group to Cover Midwest
As part of an overall goal to manage and continue growth in the active mountain sports market, GATES™ Gloves and Gear has appointed Grimsrud-Barnes to represent GATES in the select territories of Illinois, Wisconsin, Minnesota, Upper Peninsula of Michigan
Luxottica Sees U.S. Q3 Retail Turnaround
ttica Group S.p.A. reported that third quarter consolidated net sales declined year-over-year by 6.3% to €694.5 million ($782.5 million). In constant currency, consolidated net sales for Q3 would have increased by 3.4%. Retail sales declined by 4.7% to €
Lotto Names New Chief Sales Officer
Starting from 3rd November 2003, Alberto Niero will join Lotto Sport Italia S.p.A. as Chief Sales Officer directly responding to Andrea Tomat, President and CEO…
Dowell Is New Hi-Tec Group Director
Following its recent and ongoing global re-branding strategy, Hi-Tec Sports is appointming of Simon Dowell as the new Group Product Director…
Feldman to Run Lodge Business at Dick’s
Denny Feldmann has joined Dick's Sporting Goods as a Vice President and General Merchandise Manager with responsibility for the hunting, camping, fishing, water sports, snow sports, work wear, and bike businesses. Mr. Feldmann joins Dick's wit
Saucony Q3 EPS up 32% Despite 13.4% U.S. Sales Decline
Saucony, Inc. announced net income for the third quarter ended October 3, 2003 increased 37% to $2.2 million, or 34 cents per diluted share, from $1.6 million, or 26 cents per diluted share, in the comparable period of 2002. Net sales for Q3 declined 5.0
Sportsman Guide Almost Triples Q3 Earnings on 12% Sales Gain
The Sportsman's Guide, Inc. reported sales for the quarter ended September 30, 2003 were $41.2 million, a 12.2% increase over the $36.7 million in the year-ago period. The Company reported net earnings of $710,000, or 13 cents per fully diluted share
Nautilus Q3 Earnings Plunge 74% as Sales Fall 24%
The Nautilus Group, Inc. saw third quarter net sales fall 24.1% to $116.0 million compared to $152.9 million for the corresponding period last year. Net income plunged 73.7% during to $6.6 million, or $0.20 per diluted share, compared to $25.1 million, or
Amer Group Rides Precor to Higher Q3 Sales and Profits
Amer Group PLC saw third quarter net sales increase 6.2% to €301.1 million ($339.2 million) compared to €283.6 million ($279.0 million) in the year-ago period. Net profit jumped 48.8% to €38.6 million ($43.5 million)on a gain of $23.0 million, or €20.5 mi
Cybex Q3 Loss Widens as Sales Increase 10%
Cybex International, Inc. reported net sales for the third quarter ended September 27, 2003 increased 10% to $21.9 million versus $19.9 million for the comparable 2002 period. The net loss for Q3 widened 146% to $953,000, or $0.12 per share, compared to
REI’s Madsen Named to Rails-to-Trails Board
Dennis Madsen, president and CEO of Recreational Equipment, Inc., has been named to the national board of directors of the Rails-to-Trails Conservancy (RTC), a Washington, D.C.-based nonprofit organization that advocates for uniting communities and improv
