SGB Update Sports & Fitness
Body Glove and American Wave Machines Launch Body Glove Waves
Body Glove International and American Wave Machines, Inc., a wave technology innovation company, partnered to create Body Glove Waves surfing machines…
Stage Stores Q2 Net Income Dips; Full Year Guidance Raised
Stage Stores, Inc.reported net income of $9.1 million, or 24 cents per diluted share, for the second quarter ended August 1, 2009, compared to net income of $9.7 million, or 25 cents per diluted share, for the prior year second quarter ended August 2, 200
Rise in National Park Visitation Helps Local Economies
America’s national parks are seeing more visitors in 2009 than a year earlier, according to visitation information collected by the National Park Service (NPS). National park units serve as primary economic generators in local communities across Ame
Studio Ray Licensed to Produce Swimwear Under Izod Brand
Phillips-Van Heusen Corporation has licensed Studio Ray, a New York-based sportswear firm, to design, produce and market men’s, women’s and children’s swimwear under PVH’s iconic IZOD brand in the United States and its possessions
Stein-Mart Moves to Profit Despite Comps Slip
Stein-Mart, Inc. reported for the 13-week second quarter of 2009, the company's net earnings were $1.5 million, or 4 cents per share as compared to a net loss of $8.0 million, or 19 cents per share in 2008…
Zumiez Suffers Loss on 18.8% Comp Decline
Zumiez Inc. reported sales decreased 7.7% for the second quarter ended Aug. 1, to $85.2 million from $92.3 million a year ago. The action sports retailer lost $3.1 million, or 10 cents a share, in the period after a charge of $1.3 million, or 3 cents a sh
Hibbett’s Profits Plunge 77% in Q2
Hibbett Sports, Inc. reported second-quarter sales slid 5.5% to $123.1 million from $130.3 million a year ago. Comps were down 10.5%. Net income fell 77.1% to $1.1 million, or 4 cents a share, from $4.8 million, or 17 cents, a year ago…
U.S. Bicycle Route System Gains Grants
Adventure Cycling Association announced three new grants in support of the organization's work to establish an official United States Bicycle Route System (USBRS). The grants will enable Adventure Cycling to continue its organizing and cartographic w
Cutters Becomes Official Glove of United Football League
Cutters has signed on as the Official Gloves of the United Football League. In an exclusive agreement, Cutters will create customized gloves for each UFL team for both game and practice use…
RECALL: Felt Cyclocross Bikes
The U.S. Consumer Product Safety Commission, in cooperation with Felt Bicycles, has issued a voluntary recall of about 1,500 Felt F1X cyclocross bicycles from 2007/2008…
RECALL: Nirve Sports Bikes
Nirve Sports Ltd. is voluntarily recalling 120 Cannibal Bicycles due to problems with the bicycle's stems. Nirve has received reports of cracked stems…
TJX Reports Q2 Comps Up 4%; EPS up 27%
The TJX Companies, Inc. announced net sales for the second quarter ended August 1 increased 4.0% to $4.7 billion and consolidated comparable store sales increased 4.0% over last year’s strong gains…
Saks’ Loss Widens in Q2; Maintains Sales Guidance
Saks Incorporated posted a net loss of $54.5 million, or 39 cents per share for the second quarter ended August 1, 2009, compared to a net loss of $32.7 million, or 24 cents per share, for the prior year second quarter ended August 2, 2008…
Urban Outfitters Beat Q2 Profit Estimates; Comps Slide 3%
Urban Outfitters, Inc., which operates under the Anthropologie, Free People, Terrain and Urban Outfitters brands, announced earnings of $49 million and $80 million for the three and six months ended July 31, 2009, respectively. Earnings per diluted share
Nautilus Q2 Crippled by Commercial; Mgmt. Ponders Sales of Segment
Following up on a disappointing full-year 2008 and a 2009 first quarter that saw sales plummet 44.4%, Nautilus didn’t see much improvement in Q2 as a flopping commercial business continues to negate meager improvement in other business segments…
