All Financial results articles – Page 55
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News briefs
The Bogs brand of boots continued to fuel the turnover...
The Bogs brand of boots continued to fuel the turnover of Weyco Group in the second quarter ended June 30. The American brand' sales grew by 18 percent during the period as it continued to broaden its product line. Combined with sales increases of 12 percent and 9 percent for ...
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News briefs
After announcing the sale of Camelbak to Vista Outdoor (see...
After announcing the sale of Camelbak to Vista Outdoor (see our previous issue), Compass Diversified Holdings (Codi) reported a net profit of $24,457,000 for the second quarter, more than four times the $5,719,000 profit of the year-ago period, on 6 percent higher revenues of $284.7 million. The main factor was ...
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News briefs
After announcing the acquisition of Camelbak and Jimmy Sykes, which...
After announcing the acquisition of Camelbak and Jimmy Sykes, which has already been completed, Vista Outdoor improved its sales forecast for the present financial year, predicting low single-digit growth to a range of $2.17 billion to $2.24 billion. However, implied operating margins before amortization (Ebitda) should reach the lower end ...
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News briefs
Sequential Brands, owner of many brands including Avia, And1, Heelys...
Sequential Brands, owner of many brands including Avia, And1, Heelys and Revo, reported a net loss of $1.3 million for the second quarter, up from $0.6 million in the year-ago period, despite a 190 percent increase in revenues to $20.2 million. Adjusted operating earnings before amortization (Ebitda) jumped by 240 ...
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News briefs
Scarpa, the Italian producer of outdoor shoes, reached sales of...
Scarpa, the Italian producer of outdoor shoes, reached sales of €105 million in the last financial year, just about 1 to 2 percent higher than in the previous year. With a turnover of some €19 million, Italy remains the brand's largest market, followed by the U.K. where Scarpa has a ...
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News briefs
Rocky Brands saw its net earnings grow by 30 percent...
Rocky Brands saw its net earnings grow by 30 percent to $2.0 million in the second quarter ended June 30, although sales dropped slightly to $68.6 million from $68.8 million in the year-ago period, due to one-time events such as the non-repetition of a seeding event with a major retailer. ...
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Short stops
Vaude is projecting a 5.5% sales increase in 2015...
Vaude is projecting a 5.5% sales increase in 2015
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News briefs
Garmin's sales accelerated to an increase of 4.0 percent in...
Garmin's sales accelerated to an increase of 4.0 percent in the second quarter ended June 27, reaching $110.3 million. The category generated a flat gross margin of 60.6 percent and 6.1 percent higher operating earnings of $37.4 million. The company is making new investments in the outdoor wearable category, where ...
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News briefs
Peter Cowgill, executive chairman of the JD Sports Fashion group,...
Peter Cowgill, executive chairman of the JD Sports Fashion group, told shareholders at their annual meeting earlier this week that the company has made a strong start for the first 19 weeks of its new fiscal year, started at the beginning of February. The company said it was still pleased ...
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News briefs
The Outdoor Industry Association (OIA) has released its OIA Segmentation...
The Outdoor Industry Association (OIA) has released its OIA Segmentation Full Report, detailing the findings of its attitudinal consumer segmentation survey for 2014. The 154-page report provides detailed insights into the behavior and habits of U.S. outdoor consumers, covering topics such as the motivation and obstacles to participate in outdoor ...
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News briefs
Bogs enjoyed its sixth consecutive quarter of double-digit growth during...
Bogs enjoyed its sixth consecutive quarter of double-digit growth during the period ended March 31, posting a 20 percent increase in wholesale revenues for the period, driven by higher sales of women's and children's boots in North America. The ongoing progress of the American boot brand helped its parent company, ...
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News briefs
Outperforming analysts' estimates, Rocky Brands has reported a net profit...
Outperforming analysts' estimates, Rocky Brands has reported a net profit of $1.4 million for its first quarter, double the level of the year-earlier period. However, revenues declined to $65.5 million from $65.8 million, despite a 30 percent increase for the Durango brand of shoes. The management feels that the drop ...
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News briefs
Rocky Brands has reported a 28.2 percent sales increase to...
Rocky Brands has reported a 28.2 percent sales increase to $78.9 million for the fourth quarter of 2014. Operating income went up by 8 percent to $6,970,994, and net earnings rose to $4.5 million from $1.8 million in the year-ago period. The gross margin declined slightly to 35.0 percent of ...
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News briefs
GoPro cameras were apparently a popular gift in the holiday...
GoPro cameras were apparently a popular gift in the holiday season. The company's sales jumped by 75.3 percent to $634 million for the last quarter of 2014. Some 5.2 million capture devices were shipped that year, which was an increase of 35 percent. The group's turnover for 2014 jumped by ...
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News briefs
The sporting goods retailers affiliated with Intersport International Corp. (IIC)...
The sporting goods retailers affiliated with Intersport International Corp. (IIC) raised their sales by around 2 percent to a total value of around €10.5 billion in 2014, with an increase of 3 percent in local currencies. Double-digit increases in football, running and fitness more than offset flat sales of outdoor ...
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News briefs
Deckers Brands' share price tumbled by 19.7 percent after the...
Deckers Brands' share price tumbled by 19.7 percent after the company published lower than expected financial results for the third quarter ended Dec. 31 and reduced its own expectations for the full financial year. The stronger dollar and soft sales of Classic Ugg styles in October and November were cited ...
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News briefs
In a preliminary statement, the Lafuma Group reported today a...
In a preliminary statement, the Lafuma Group reported today a 10.0 drop in its total turnover in local currencies and on a pro-forma basis for the financial year ended last Dec. 31, pointing out that the decline was in line with its profitable growth strategy. Sales fell by 9.2 percent ...
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News briefs
Jack Wolfskin, which is going under new management, has reported...
Jack Wolfskin, which is going under new management, has reported a 6.5 percent sales increase to €365 million for the financial year ended last Sept. 30, after declines of one percent and 8 percent in the previous two years, but this was apparently due primarily to its international expansion, notably ...
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News briefs
In a preliminary statement, JD Sports Fashion reported a strong...
In a preliminary statement, JD Sports Fashion reported a strong 12 percent increase in same-store sales for the five weeks ended Jan. 3, in spite of strong comparatives in the previous year, as well as for the first 48 weeks of its current financial year, ended on the same day. ...
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News briefs
Footwear was the fastest-growing sector of the European market in...
Footwear was the fastest-growing sector of the European market in 2013, rising by 5.2 percent to €1.3 billion in terms of the sell-in, says the European Outdoor Group, taking the figures from its State of the Trade Survey. This translated into an estimated retail value of over €2.7 billion, with ...
