SGB Update Sports & Fitness

Big 5’s Q2 Earnings Slide

Big 5 Sporting Goods Corporation reported sales increased to $226.6 million in the second quarter compared with $219.6 million in the year earlier period. Same-store sales increased 1.0 percent. As anticipated, sales were negatively affected by the calend

Wayne Elsey Launches Branding Agency

Wayne Elsey, founder and former CEO of Soles4Souls, has launched Wayne Elsey Enterprises, a full service branding, marketing and communications agency for companies and non-profit organizations…

Footbalance North America Relocating HQ to Boulder

Footbalance North America is relocating the company’s headquarters to Boulder, CO. from San Diego, CA, where it has been based since 2009. The move will take place immediately following the Outdoor Retailer Summer Market 2012 trade show, in early Au

Report: JJB Sports CEO to Step Down

The Daily Telegraph reported on Friday that Keith Jones is planning to step down as CEO of JJB Sports, the U.K. sporting goods chain…

Cabela’s Fires on All Cylinders in Q2, Lauds Next-Gen Stores

Cabela's Inc. grew its top and bottom lines and comps in the second quarter and said its newest stores and Canadian business continue to significantly outperform its legacy stores. The company improved Retail and Direct channel revenue, merchandise m

West Marine Grows Top Line and Comps in Second Quarter

West Marine Inc., in its first quarter under new CEO Matt Hyde, reported net revenues for the second quarter ended June 30, 2012 were $243.6 million, an increase of 3.2 percent compared to the second quarter of 2011. Comparable store sales grew by 2.1 per

Puma SE Q2 Profit Falls on Weaker Margins, Higher Expenses

Puma SE second quarter consolidated sales grew by 11.8 percent in Euro terms and by 6.0 percent currency adjusted to €752.9 million ($968 mm). As a consequence of lower than expected gross profit and increased expenses, consolidated net earnings dec

Brunswick Corporation’s Q2 Earnings Improve

Brunswick Corporation reported earnings in the second quarter rose to $83.6 million, or 90 cents per share, compared with $69.3 million, or 75 cents, a year earlier. Net sales, excluding divested operations, declined by 1 percent. Weakness in Europe and i

Unifi’s Earnings Slide in Q4

Unifi, Inc. reported net income for the fourth quarter ended June 24 of $11.3 million, or 56 cents per share, compared to net income of $13.5 million, or 67 cents per share, for the prior year quarter ended June 26, 2011. Net sales declined $4.2 percent t

Luxottica Reports U.S., Emerging Markets Sustained Growth in Q2

Luxottica achieved positive results in the majority of the geographic areas in which it operates, with excellent performance in North America, Australia and all emerging countries. The Italian company said its Oakley and Ray Ban brands continued to grow a

Lids Team Sports/Nike Reach Three-Year Deal with Valparaiso

Lids Team Sports, a division of Indianapolis-based Lids Sports Group, and the Valparaiso University Athletic Department have entered into a renewal agreement for three additional years. Per the deal, Nike will remain the official provider of Crusader uni