SGB Update Sportsmans
Rocky Brands Posts Q1 Loss; Rutter Exits…
Rocky Brands, Inc. management said they expected first quarter sales and earnings to be down versus the comp period last year as they were unable to anniversary “tough comparisons” in their Retail division and “higher-than-normal” gross margins. The top
Golfsmith Bows Xtreme Store in Houston
Golfsmith International Holdings, Inc. on Thursday is opening its new 40,000-square foot “playground” for golfers and tennis players in the Houston area. The retailer claims the new Golfsmith Xtreme store in the Woodlands is the first in the state of Texa
West Marine Narrows Q1 Loss Despite Comps Decline
West Marine, Inc. reported that first quarter net revenues were $101.0 million, down 10.9% from last year. Comparable store sales were down 6.8%. West Marine posted a net loss of 67 cents per share after-tax compared to 81 cents per share after-tax last
Brunswick Q1 Sales Fall on 52% Drop in Marine Sales
Brunswick Corporation had total sales of $734.7 million during the first quarter of 2009, a 45% drop versus 2008, primarily the result of marine sales that dropped by 52% from year-ago levels. The company saw a net loss of $184.2 million, or $2.08 per dil
REPORT: Acushnet/Titleist Lays Off 169
Acushnet Co. has announced the layoff of 169 employees from its Titleist golf ball plants, according to a report by Massachusetts’ South Coast Today. According to the report, Acushnet spokesperson Mary Lou Bohm said the cuts will take place gradually and
Bryant, Lakers Best NBA Jersey Sellers for 2008-09
Los Angeles Lakers' Kobe Bryant has topped this year's list of most popular NBA jerseys. Bryant reclaimed the No. 1 spot, which he held in 2006-07, after being overtaken last year by the Boston Celtics' Kevin Garnett. The list is based on s
Report Indicates YTD Golf Rounds Played Remains Flat for ’09
A total of 2,692 golf facilities, including data from PGA and NGCOA participants indicated that national March 2009 rounds were nearly flat at -0.2%, while days open were up 6.7% compared to March 2008…
Danskin Manufacturer Hands Over Majority of Equity
Triumph Apparel Corporation, a manufacturer and distributor of women’s dance apparel and active wear under the name Danskin, said KSL Ventures, LLC has acquired 55% of the company’s equity and voting stock in connection with a recapitalization of the comp
Big 5 Q1 Comps Down on Slower Consumer Traffic
Big 5 Sporting Goods Corporation said net sales for the fiscal 2009 first quarter ended March 29, 2009 were $210.3 million, a 1.2% decline from net sales of $212.9 million for the first quarter of fiscal 2008. Same store sales declined 4.4% for the first
Cabela’s Q1 Comps Up 8.2%; Earnings Fall on Bad Debt Expenses
Cabela’s Incorporated reported first quarter fiscal 2009 retail store revenue increased 8.3% to $275.5 million, driven by an 8.2% increase in comparable store sales. Direct revenue decreased 4.7% to $225.4 million while financial services revenue decrease
New Archery Taps Arview as VP Sales/Marketing
New Archery Products announces the hiring of Brady Arview as their new Vice President of Sales and Marketing. Over the last 10 years, Arview has held various management level sales and marketing positions with some of the most highly recognized brands wit
O’Neill Group Appoints New CEO
Jan Valdmaa has been appointed chief executive officer of the O'Neill Group, the surf, snow and lifestyle brand that was originally founded in Northern California in 1952. Valdmaa will replace interim CEO Tom Heidman…
Maturing Performance Apparel Sees Gains Moderate
Performance apparel has been the darling of the sporting goods apparel business over the last few years, netting strong double-digit gains that have masked weakness in many other areas of the apparel market. The categories that make up the performance se
Soffe Parent Swings to Profit in Fiscal Q3 on Strong Activewear Gains
Delta Apparel saw considerable strength in its Activewear segment in its fiscal third quarter ended March 28, driven by higher sales of full-package products in its FunTees business. The gains in the Activewear segment, which also includes the Delta bran
Wilson, NCAA Donate 13,000 Uniforms to Youth
During the most recent Final Four basketball championship games, Wilson and the NCAA partnered to donate 13,000 brand new uniforms to a wide array of youth organizations, church leagues and school programs in Detroit and St. Louis. Working closely with co