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Sports Executive Weekly has quickly become one of the most trusted and widely distributed trade newsletters
servicing the Sporting Goods, Athletic Footwear, and Athletic Apparel markets. SEW, as it
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Southern Europe’s Woes Contribute to Larger Q1 Loss at Johnson Outdoors
Johnson Outdoors Inc. announced revenue grew 2 percent to more than $80.2 million during the quarter ended Dec. 30, 2011, despite plunging military sales, but said restructuring charges and bad debts in Southern Europe contributed to higher than usual losses...(2/3/2012)
Amer Sports Turns in Solid 2011 Performance Despite Disappointing Fourth Quarter
Amer Sports boosted sales by 8 percent and EBIT excluding non-recurring items by 26 percent in 2011 even as it continued to bulk up its softgoods and retail operations and move its Fitness segment back toward profitability. The gains came despite a disappointing fourth quarter at its $1.5 billion Winter and Outdoor (W&O) segment, where net sales declined 10 percent, or 4 percent in local currencies, as warm weather curbed sell through...(2/1/2012)
Jarden Corp. Reports Record Fourth Quarter Despite Warm Weather
Jarden Corp. said it expects to report record fourth-quarter performance, although it appears growth slowed substantially from the year ago when abundant snow stimulated re-orders for the company’s K2, Marker and Volkl ski equipment and Marmot outerwear...(1/27/2012)
Burton Snowboards Names VP of North American Sales
Burton Snowboards named Sasha Dietschi-Cooper as VP of North American sales for its Burton, RED and anon brands and said he would report directly to John Lacy, EVP of product & North American sales. The company said Global Resort Director Jeff Boliba will also now report directly to Lacey...(1/13/2012)
Crocs Sees 4Q Revenue At High End Of Guidance
Crocs Inc. said fourth-quarter revenue's will be at the high end of prior guidance of $200 to $205 million. It also indicated it will reach its goal of having full-year sales exceed $1 billion for the first time in the company's history...(1/13/2012)
Genesco Hikes EPS Guidance On Healthy Comp Sales
With sales same-store sales jumping a stronger-than-expected 13 percent in the quarter ending through Jan. 7, Genesco Inc. again raised its guidance for the year by a dime a share. In the same year-ago period, same store sales increased 9 percent...(1/13/2012)
Lululemon Hikes Q4 Guidance, Touts Bold Expansion Plans
Lululemon Athletica Inc. raised its guidance for the fourth quarter ending Jan. 29, to a range of 47 cents to 49 cents, up from its previous guidance range of 40 cents to 42 cents. Revenues are expected to come in the range of $358 million to $363 million in the quarter, compared to the company's previous guidance in the range of $327 million to $332 million...(1/13/2012)
SIA: After Strong November, Lack of Snow Hurt December Snow Sports Sales
Snow sports dollar sales from August through November 2011 were running 10 percent ahead of the same period a year earlier, but have since dropped off sharply due to lack of snow in the lower 48, Snowsports Industries America reported last week...(1/13/2012)
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