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Cabela’s Incorporated reported record second quarter fiscal 2010 earnings on a 240 basis point improvement in opearating margins. The company said operating income rose 62% due to the strong performance of World’s Foremost Bank, higher merchandise gross margins and lower impairment and restructuring charges...(7/29/2010)
* * * K-Swiss said it has acquired Laguna Beach-based FORM Athletics. Terms of the deal were not disclosed. FORM Athletics will operate as a division of K-Swiss led by Mark Miller, FORM's incumbent founder and CEO...(7/29/2010)
* * * Puma's second-quarter profit rose 16.4%. Revenue rose 2.5%, boosted by sales in the Americas, which advanced 26%. With a "strong outlook" for the second half, management continues to expect sales growth in the low to mid single-digits for the full year...(7/29/2010)
* * * Brunswick Corporation motored to $1.0 billion in sales in the second quarter ended July 3 as dealers rushed to restock their inventories. Rebounding sales of boats and marine engines combined with recent cost cutting improved margins, resulting in a huge swing in profits...(7/29/2010)
* * * Golfsmith International Holdings, Inc. reported revenues increased 2.8% in the second quarter to $118.0 million from $114.8 million a year ago. Net revenues reflect a 0.4% decrease in comparable store sales and a 0.3% decrease in net revenues from the direct-to-consumer channel...(7/29/2010)
* * * Brunswick Corporation has sold Triton Boats to Fishing Holdings, LLC, an affiliate of Platinum Equity. Terms of the transaction were not disclosed...(7/29/2010)
* * * Columbia Sportswear Company said it has resolved its pending claims against Crocs, Inc. in Multnomah County Circuit Court in Portland, OR. The case arose because Crocs hired a Columbia employee as an independent contractor while he was working for Columbia...
(7/29/2010)
* * * Sturm, Ruger & Company, Inc. reported sales in the second quarter fell 11% to $64.4 million from $72.4 million a year ago. Earnings slid 5.7% to $8.2 million, or 43 cents a share, from $8.7 million, or 46 cents, a year earlier...
(7/29/2010)
* * * West Marine second quarter income before taxes was $36.0 million, a $3.7 million, or 11.5%, increase compared to the same period last year...(7/29/2010)
* * * Vail Resorts, Inc. has announced changes within the senior leadership team at Beaver Creek, Keystone and Heavenly Mountain resorts...(7/29/2010)
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