SGB Update Sportsmans
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
Genesco Fourth Quarter Gains Driven by Hat World
Genesco Inc.’s fourth quarter earnings rose 12% and exceeded expectations, driven by strong sales at Hat World and its direct-to-consumer catalog and e-commerce businesses combined with higher gross margins and lower expenses. Sales increased 6% to
Geocaching.com Publishes One Millionth Listing
Seattle-based Geocaching.com said it published its one-millionth active geocache listing over the weekend. It has taken just over two years to double the number of active geocaches in the world to reach the one millionth geocache, the company said.
Nautilus Swings to Q4 Profit Despite Double-Digit Sales Decline
The final quarter of fiscal 2009 was a continuation of the first three for Nautilus, Inc. as the company reported more general weakness in all of its major business segments. Net sales for the Vancouver, WA-based fitness manufacturer fell 16% to $53.7 mil
Element 21 Golf Sees Strong Q2 Revenue Gains
Element 21 Golf Company reported revenues grew 52% in its second quarter ended Dec. 31, to $902,000 from $431,000 in the same year-ago period. The increase in revenue was mainly attributable to an increase in sales of the company's Carrrot Stix brand
Luxottica Slides in Fourth Quarter, but Oakley Shows Increases
Luxottica, which is the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.15 billion ($1.71 bn) for the 2009 fourth quarter, down 6.4% (4.9% in constant-currency terms) from €1.23 billion ($1.62 bn) in the prior-year perio
Outdoor Coalition Wants Recreation to Play Bigger Role in U.S. Forest Service Planning
A coalition of national and regional outdoor groups, including Outdoor Alliance, Outdoor Industry Association, Appalachian Mountain Club, the Mountaineers and the Colorado Mountain Club, said it has submitted comments to the Obama Administration regarding
Club Glove to Outfit RCGA
Club Glove, the maker of golf travel bags, club covers and accessories, will outfit the Royal Canadian Golf Association's (RCGA) Team Canada athletes with travel gear for the 2010 season…
February Comps Up 3.7% at Kohl’s
Kohl’s Corporation said total sales for the four-week month ended Feb. 27, 2010 increased 7.8% over the four-week month ended February 28, 2009. On a comparable store basis, sales increased 3.7%…
Nordstrom’s February Comps Up 10.3%
Nordstrom, Inc. reported a 10.3% increase in same-store sales for the four-week period ended Feb. 27, 2010 compared with the four-week period ended Feb. 28, 2009. Preliminary total retail sales of $539 million for February 2010 increased 14.5% compared wi
Ecco USA’s President and CEO to Retire
Ecco USA's President and CEO Tom Nelson will retire, effective June 1. Current COO Dave Quel will assume the role of acting president…
Professional Anglers Association Hires Industry Veterans Clemons and Knight
The Professional Anglers Association said it has filled two key positions with the hiring of Alan Clemons of Alabama as Communications Director and Randy Knight of Texas as Tournament Director…
Urban Outfitters’ Q4 Earnings Jump 92%
Urban Outfitters, Inc. reported earnings rose 92% in the fourth quarter to $78 million, or 45 cents a share. Fourth-quarter comparable retail segment sales rose 9%, with total sales up 16% to $589 million…
Adidas’ Q4 Profit Slides 65%, Sales Down 4.5%
Adidas AG reported fourth-quarter earnings tumbled 65% as sales fell 4.5%. Currency-neutral basis sales were stable compared with a year earlier although currency-neutral sales in North America declined 7%. However, for the first time since the acquisitio
