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Columbia Sportswear Company net sales fell 3% in the second quarter but that it was moving ahead with its marketing and store openings. The company said it expects net sales to decline 3% for the year and that reduced consumer spending levels and tighter credit markets have caused retailers to request unusual and unpredictable levels of order delays and cancellations...(7/24/2008)
* * * Volcom Inc. reported Q2 revenues jumped 25.6% to $72.5 million from $57.7 million a year ago. Net income fell 22.6% to $4.8 million, or 20 cents a share, from $6.2 million, or 25 cents, a year ago. Results in the quarter were slightly ahead of expectations but the surf apparel manufacturer slightly lowered its earnings outlook for the year...(7/24/2008)
* * * Rocky Brands, Inc. said net sales increased 2.9% to $60.5 million for the second quarter ended June 30, versus net sales of $58.8 million in the second quarter of 2007. The company reported net income of $700,000, or 13 cents per diluted share versus...(7/24/2008)
* * * Backwoods, the outdoor retailer, announced plans to open three stores and also expects to introduce online shopping at Backwoods.com in time for Holiday 2008. The first of the new stores will open this weekend in Fort Worth, Texas. It also has scheduled an October store opening in Overland Park, KS. and signed a new store commitment at The Meadows at Lake in St. Louis, MO...(7/24/2008)
* * * Brunswick Corporation reported today a net loss of $6.0 million, or 7 cents per diluted share, for the second quarter of 2008, compared with net earnings of $56.9 million, or 63 cents per diluted share, from continuing operations for the same period a year ago...(7/24/2008)
* * * Black Diamond Equipment, Ltd. has pledged $50,000 to The Conservation Alliance Legacy Fund, pushing commitments to the non-profit to more than $2.6 million. That total includes $700,000 raised after the campaign was announced at the January Outdoor Retailer Winter Market...(7/24/2008)
* * * Nautilus, Inc. is consolidating its U.S. manufacturing and distribution facilities. Nautilus will close its Tulsa, Oklahoma facilities by the end of 2008 and transfer the manufacturing of their products, principally, to its facility in Independence, Virginia. The company does not plan to eliminate any major product lines as a result of the consolidation. Nautilus distribution will be consolidated into its two centers located in Independence and Portland, Oregon...
(7/24/2008)
* * * West Marine, Inc. said net sales reached $226.7 million for the 13 weeks ended June 28, down 8.2% from net sales of $247.1 million for the thirteen weeks ended June 30, 2007. Comparable store sales declined 7.8% versus the same period a year ago. The company revised its full year 2008 earnings guidance downward, from a range of 2 cents to 9 cents per share to a revised after-tax loss range of 32 cents to 42 cents per share...(7/24/2008)
* * * Citing a doubling of sales for its survival line of adventure gear, Adventure Medical Kits has doubled its sales team with hires from REI and GoLite. Three new hires will report to National Sales Manager Joe Sementilli, who will now focus on managing AMK’s national retail accounts and outside rep groups.(7/24/2008)
* * * Canada Goose, which makes down-insulated outerwear for extreme cold climates, unveiled Wednesday its first North American store-in-store at Paragon Sports in New York City. The concept resembles a photo gallery with portraits of the company's favourite enthusiasts...
(7/24/2008)
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