Dick's SG Q4 Exceeds Guidance
Dick's Sporting Goods reported net income for the fourth quarter rose 12.2 percent to $155.5 million, exceeding guidance. Comps increased 3.4 percent. The retailer gave a bullish outlook for the year but sees flattish earnings in the first quarter...(3/3/2015)
Luxottica Proposes $913 Million Payout for Shareholders
Luxottica's board of directors proposed paying company's shareholders a $913 million dividend following the eyewear company's strong performance last year. Executives said they expect profits to grow twice as fast as revenue in 2015...(3/3/2015)
Columbia Sportswear Names Bryan Timm President
Columbia Sportswear Company promoted Bryan Timm to president and COO and named Joe Boyle to the newly-created position of vice president of merchandising and design for the Columbia brand as part of a major management restructuring aimed at supporting growth. Mark Nenow was also named president of Sorel. Tim Boyle, who has served as president and CEO since 1988, continues as CEO...
Team Dealer Market in Carolinas Shifts to New Location
The tenth annual Team Dealer Market (TDM) will be held on June 8 to 10, 2015 at the Benton Convention Center in Winston-Salem, NC. The show is attended by team dealers and sporting goods stores from North Carolina and South Carolina...(3/2/2015)
CamelBak Grows Sales 6.2 percent in 2014
CamelBak had net sales of $148.7 million for the year ended Dec. 31, 2014, up 6.2 percent compared to the same period in 2013, Compass Diversified Holdings reported Monday...(3/2/2015)
Fox Factory Reports MTB Sales Grew 2.3 Percent in Q4
Fox Factory Holding Corp.'s mountain biking sales grew just 2.3 percent in the fourth quarter, but the company's CEO said he expects growth to accelerate when the company begins shipping a new fork later this year...(3/2/2015)
PeopleForBikes Releases Initial U.S. Bicycling Participation Benchmarking Report
Approximately one in three Americans over the age of two rode a bicycle at least one day in the past year, according to a first of its kind study PeopleForBikes commissioned to...
Running Specialty Group Acquires JackRabbit Sports
The Running Specialty Group (RSG) has acquired JackRabbit Sports, consisting of four locations in the New York City market. Additionally, JackRabbit owner and founder, Lee Silverman, will join RSG’s leadership team in Denver a senior vice president of brand strategy...