SGB Update Sportsmans
Acquisition Offsets Softer Gun Demand in Q3 for Smith and Wesson; Q4 Outlook Weakens
Following a second quarter that saw the company report record sales on its acquisition of Universal Safety Response, Smith & Wesson Holding Corp. said slipping demand for firearms had caused profits to stabilize, forcing the company to miss most analysts&
Late Snowfall Gives Snow Sports Industry Weak Rebound this Winter
Late snow and a drop in snowboard sales are hindering a big turnaround in snow sport sales from last year’s poor results, according to figures released last week by Snowsports Industries America (SIA)…
Black Label Moves To Blitz Distribution
Black Label, the skateboard brand, said it will now be under Blitz Distribution…
Hibbett Q4 Profits Surge on 9.6% Comp Gain
Hibbett Sports, Inc. reported sales increased 12.1% in the fourth quarter ended Jan. 30, to $166.8 million from $147.9 million a year ago. Comparable store sales increased 9.6%. Earnings jumped 54.0% to $11.8 million, or 40 cents a share, from $7.6 millio
Sof Sole Donates $50,000 To Kay Yow/WBCA Cancer Fund
The Kay Yow/WBCA Cancer Fund, in partnership with The V Foundation for Cancer Research, announced that Sof Sole, an Implus Footcare brand family, has joined the fight against women's cancers by becoming an official sponsor…
Smith and Wesson’s Posts Flat Earnings on 8.6% Sales Gain
Smith & Wesson Holding Corp. reported sales rose 8.6% to $89.4 million from $83.7 million a year ago. Net income for the third quarter of fiscal 2010 was $2.4 million, or 4 cents per diluted share, compared with net income of $2.4 million, or 5 cents per
Zappos Introduces Zappets
Zappos has launched a new campaign to celebrate its customer service reps. The campaign features puppet characters, called Zappets, that resemble Muppets and centers around the notion of “delivering happiness.”…
Columbia Sportswear Supports The Ocean Foundation
Columbia Sportswear Co. and The Ocean Foundation announced they are joining forces to protect and restore seagrass meadows…
FLW Outdoors Announces Sponsorship With Wolverine
FLW Outdoors, the tournament fishing organization, announced that Wolverine has joined FLW Outdoors as an associate sponsor. Terms of the agreement were not disclosed…
Heelys’ Q4 Revenue Sinks 26.9%
Heelys, Inc. reported fourth-quarter sales fell 26.9% to $11.4 million from $15.6 million a year ago. The company reported a net loss of $1.1 million, or 4 cents a share, versus a net loss of $5.2 million, or 19 cents, in the prior year…
Container Imports to Grow 17% in First Half
Container imports are expected to grow 17% in the first half of this year as retailers restock depleted inventories at a rapid pace, according to the latest estimates released by the National Retail Federation. The numbers indicate a true and sustained re
Online Sales to Grow at 10% Compounded Rate through 2015
The bulk of the retail sector's growth in the United States and the European Union over the next five years will come from the Internet, according to Forrester Research. US online retail will grow at a 10% compound annual growth rate (CAGR)and 11% in
Dick’s Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Dick’s SG Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Filson Opens First Store in Japan
Filson announced the opening of its first international store in Osaka, Japan in partnership with its distributor of 28 years, Goldwin, Inc. Located in the Osaka, Horie area, an established fashion district, the store officially opened this past Saturday
