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VF Corp. Stymied by Winter Leftovers in Q1
VF Corp. reported operating profits at its Outdoor & Action Sports coalition fell 12.7 percent in the first quarter, to $227 million. Sales gained 2.3 percent to $1.64 billion...
Exploring Majestic Athletic Alternatives(4/29/2016)
Columbia Sportswear Continues to Roll in First Quarter
Columbia Sportswear Company (NASDAQ: COLM) turned in its second blockbuster quarter in a row, but trimmed its outlook for margins to reflect the closing of dozens of retail stores and a relapse in South Korea...(4/29/2016)
Puma's Q1 Earnings Climb 4 Percent
Boosted by organic growth in all segments and all regions, Puma SE reported earnings rose 4.0 percent to €25.8 million ($29.5 mm) in the first quarter. Sales climbed 3.7 percent to €851.9 million ($973.9 mm) and gained 7.3 percent on a currency-neutral basis...(4/29/2016)
Sports Authority Abandons Stand-Alone Reorganization, Focuses on Sale
Sports Authority has given up its efforts to reorganize as a stand-alone concern as part of its plan to emerge from bankruptcy. Instead, the retailer will focus on the ongoing sales process to pay off creditors...
West Marine's E-commerce Gains Boost Q1 Comps
West Marine Inc. (NASDAQ: WMAR) continued to grow sales, gross margin and comparable stores sales; add outdoor brands and customers; and cut its losses in the first quarter, thanks to a big boost from online sales...(4/29/2016)
Cabela's Merchandise Losses Mount on Higher Q1 Boat and Gun Sales
Cabela’s Incorporated reported operating losses at its Merchandise segment quadrupled in the quarter ended April 1 as strong sales of boats and firearms failed to revive sales of higher margin apparel and accessories...
Callaway Lifts Guidance After Solid Q1
Callaway Golf Co. reported earnings in the first quarter rose 5.8 percent to $38.4 million, or 40 cents a share. Results exceeded Wall Street’s consensus estimate of 37 cents a share
On a currency-neutral basis, EPS increased 23.1 percent..
Brunswick’s Momentum Continues in First Quarter
Brunswick Corp. reported another healthy rate of sales gains for its Marine Engine and Boat segments in the first quarter. Officials also noted that Cybex, acquired in January, is already helping its Fitness segment expand with commercial fitness equipment dealers...