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  Jul 30, 2014
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Today's Top Story:

Puma Q2 Profit Falls Less Than Anticipated

Puma reported earnings declined sharply in the second quarter, but earnings were slightly better than analyst's forecasts Sales dipped 0.6 percent on a currency-neutral basis as a 7.1 percent decline in footwear was only partly offset by a 3 percent gain in apparel, aided by the World Cup. Puma reiterated a 2014 forecast for flat currency-adjusted sales and for EBIT and net earnings to rise by 5 percent and 3 percent respectively... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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Garmin’s reported sales by its Fitness segment soared 79 percent in the second quarter ended June 28 as consumers snapped up its Vivofit fitness trackers, lower priced Forerunner smartwatches and a new cycling computer...(7/30/2014)

 

Sturm, Ruger & Company, Inc. reported second-quarter sales decreased 14 percent due to a reduction in demand for firearms and accessories. Earnings decreased 31 percent...(7/30/2014)

 

The Board of Directors and Employee Owners of STI International Inc. has appointed Greg Mooney as president and CEO...(7/30/2014)

 

Big 5 Sporting Goods Corporation reported declining demand for guns and ammo dragged its comp stores sales down 4.9 percent in the fiscal second quarter ended June 29. Earnings slumped 59.0 percent to $2.5 million, or 11 cents a share...(7/29/2014)

 

Big City Mountaineers is working with a group of New England-based outdoor brands to bring its wilderness youth mentoring program to the Northeast...(7/29/2014)

 

CamelBak, which revolutionized hydration by introducing the first hydration packs in the late 1980s, has hit the quarter century mark. The company has come a long way since its founder stuck an IV bag in a sock to provide hands free hydration during the Hotter 'N Hell 100-mille bike road race. Today it sells hydration packs, vests, belts, bottles and a filtration pitcher and serves customers in more than 50 countries...(7/29/2014)

 

Crocs, Inc. appointed Claire Fahie-Conley, former vice president of U.S. retail for Reebok, as its vice president of retail for North America...(7/29/2014)

 

The NCAA has reached a settlement with former athletes that will establish a new protocol for the management of concussions and also provide $75 million for medical monitoring and research... (7/29/2014)

 

Saucony announced the promotion of industry veteran Todd Dalhausser to the position of senior vice president of North American sales...(7/29/2014)

 

Academy Sports + Outdoors will open four stores in the Orlando, FL area in 2015. The four stores will be located in Kissimmee, Lake Mary, Waterford Lakes and Melbourne. In addition, Academy has formed a multi-year partnership with the Univ. of Central Florida...(7/29/2014)

 

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