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Daily Sporting Goods Industry Business News. Searchable Database of 20,000 Companies and 37,000 Sporting Goods Executives. Ten Years of News and Research Archives: Over 13,000 articles from Sporting Goods Intelligence, including all the tables, charts and analysis. A sampling of today's headlines: Puma Q2 Net Up 16%, Will Revise Phase IV StrategyComing out of Q2 where net income grew 16% to €44.8 million ($57.2 mm) from €38.5 million on 2.5% top line growth to €615.4 million ($785.3 mm), Puma is forecasting low- to mid-single-digit sales growth this year and unspecified improvement in EBIT ... Cabela’s Encouraged Despite Lower Sales Net income increased 98% to $18,024,000 against $9,123,000 in Q2 ended July 3. Period operating income expanded 62% to $30,669,000 despite a 3.3% drop in overall revenues to $525,970,000 from $549,236,000. By segment, retail operating income grew 21%... Golfsmith Results Slip in Tough Golf Market Net income fell 9% to $6,195,531 from $6,781,704 for the second quarter ended Jul 3 on a 3% increase in revenues to $118,046,216 from $114,796,870. The results include the impact of four new stores and a comp decline of 0.4% as GOLF ran up against ... K-Swiss Buys FORM Athletics, Launches Youth Unit K-Swiss wants to be more hip with the younger, action sports set and has taken a couple of strategic steps in that direction by acquiring a new mixed martial arts brand along with its youth-focused, industry-seasoned founder who will lead a new youth... NRF Wants Congressional Action on Internet Retail Tax Collection The National Retail Federation is calling on Congress to move quickly on legislation that would make it easier for states to require Internet retailers and other out-of-state merchants to collect the same sales taxes that local brick-and-mortar ... Outdoor Industry Sales Climb In 2010 Outdoor Industry dollar sales rose 11 percent and unit sales increased 6 percent across all channels (national chain stores, specialty retail and Internet), but Leisure Trends Group also warned that there are signs of a slowdown, depending on channel... GSIC Loss Grows in Q2 on 41% Sales Gain GSI Commerce had a net loss of $25,731,000 compared to a loss of $13,113,000 for the three months ended July 4 as revenues surged to $264,229,000 from $187,181,000. Net revenues from product sales, much of it sporting goods-related, rose 60% to ... International Drives Fitness, Bowling & Billiards Units at Brunswick Fueled by a 39% increase in international sales, Brunswick Corp. fitness revenues rose 17% in Q2 to $123.2 million from $105.0 million in the period ended July 3. Operating earnings in the fitness segment, which consists of Life Fitness and Hammer ... Sturm, Ruger Net Falls 6% in Q2 on Lower Sales Net income at the firearms maker declined 6% to $8,184,000 from $8,680,000 for the period ended July 3. Period operating income was off 10% to $12,638,000 from $13,975,000. Revenues, meanwhile, dipped 11% to $64,389,000 from $72,390,000 as sales of ... Volcom Net Plunges on Higher Costs Net income was $68,000 compared to $872,000 for the three months ended June 30 as revenues improved 15% to $62,544,000 from $54,216,000. Gross margin slipped to 47.7% compared to 48.6% the prior year and SG&A was 47.6% of sales compared to 47.7% ... Please login to view the news, or make your choice from the menu at left. |
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