Preview - Please log in to view full article.

Article Date: May 2004
Word Count: 698

PROFITS RISE 57% ON 20% SALES GAIN IN Q1.


The sporting goods sector posted one of its strongestquarters ever, with apparel, footwear, equipment and retail all posting strongdouble-digit gains in Q1/04. Profit gains outnumbered profit declines by 31 to16. Big increases at the three major sneaker companies—Nike, Puma andAdidas-Salomon—were key drivers in the quarter, as well as big improvements inmajor equipment companies like Brunswick and Amer Group.

These are the results of our quarterly survey of themajor public companies in the sector for their fiscal period ended nearest toMar. 31. We include only companies that report on a quarterly basis. Europeanresults are converted at the average OECD rate of dollars ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.