SGB Update Sportsmans
Hibbett Sports Points to Strength in Footwear as Comps Inch Up Slightly
Hibbett Sports Inc. attributed a high-single digit increase in revenues for the third quarter ended Nov. 1 to strength in its footwear business, a segment that traditionally generates a significant portion of the retailer’s total sales…
Steve and Barry’s to Liquidate
Steve & Barry's has filed for bankruptcy protection a second time, less than five months after its initial filing, with a plan to fully liquidate. According to the company's Chapter 11 petition filed late Wednesday in Manhattan, the 276-store re
Hibbett Raise Earnings Outlook on 8.1% Sales Increase
Hibbett Sports Inc. raised its earnings outlook for the fiscal year ended Jan. 31, 2009 saying its IT investments were helping it better manage inventory and boost comp store sales despite economic headwinds. The company said net sales rose 8.1% on a 0.4%
TSL Snowshoes Adds to Sales Team
TSL Snowshoes, manufacturer and distributor of domestically produced snowshoes, has added the Shaw & Heald Sales group to their national sales rep team. The group headed up by Andy Shaw and Scott Heald will be responsible for the New England Territory…
LaCrosse Receives $2 Million Order from Army
LaCrosse Footwear, Inc.'s Danner subsidiary received a $2.0 million delivery order from the U.S. Army for Danner Combat Hiker boots. Danner will primarily deliver these Combat Hiker boots during the first quarter of 2009…
REI to Add Some Schwinn Bikes in 200
As part of a growing relationship with the Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week. In mid-October, BOSS
Fox Shox Poised to Grow Beyond MTB After Strong Q3
Mountain bike and motor sports suspension provider Fox Shox generated revenues of $43.3 million in the third quarter ended Sept. 30, up 30.8% from the prior year period, according its parent company, Compass Diversified Holdings Inc…
Housing Market, Gas Prices Affecting Hiring Trends
According to the Generator Group’s 2008 Hiring Trends Survey, the housing market and fluctuating gas prices are having an increasing impact on companies’ ability to attract and retain key talent…
Asics H1 Sales Climb 14% But Net Drops 9%
Asics reported revenues rose 14.2% in the first half ended Sept. 30 to ¥124.21 billion ($1.17 bn) from ¥108.74 billion ($912.3 mm) but net income slid 9.0% to ¥7.54 billion ($71.1 mm) from ¥8.29 billion ($69.6 mm). Gross margins eroded to 42.9% of sales f
Christy Sports Celebrates 50 Years of Business
Christy Sports said it's celebrating its 50th year of operation with special discounts, giveaways and an end-of-season anniversary ski party. Said Keith Liefer, COO of Christy Sports, “It's our birthday and we want to make sure that our custome
OIA Weighs Pros and Cons of Democratic Victory
After its first election, the Outdoor Industry Association’s Political Action Committee is batting 811. Nine of 11 incumbent Congressional candidates it backed in last week’s election were re-elected. The PAC has raised roughly $25,000 so far this year fr
Sport Supply Group Reports Record Q1
Sport Supply Group, Inc. reported record sales of $73.6 million and a diluted EPS of 35 cents for its first quarter ended Sept. 30, 2008, despite an increasingly troubled economy. Net sales grew 4.6% from $70.4 million to $73.6 million while net income gr
Backcountry Launches Affiliate Program for ODAT sites
Backcountry has launched an affiliate program to compensate owners of other Web sites for promoting its online “One Deal at a Time,” or ODAT sites. Under the program, affiliates can earn $5 for every new customer they refer to SteepandCheap.com (outdoor),
Weyco Group Earnings Fall 18.6%
Declining sales and rising costs contributed to an 18.6% decline in third quarter earnings for Weyco Group Inc. The manufacturer of men's shoes said net income fell to $4.34 million, or 37 cents a share, from $5.33 million, or 45 cents, last year. Sa
Escalade Suffers Q3 Loss on Drop in Sporting Goods Revenues
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. ESCA posted a net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior yea
