The first full reporting period post 9/11 and final one of CY01 saw SG companies make cost and inventory adjustments to strengthen their respective businesses for the new calendar year. Warm weather slowed winter-related sales in the period, impacting outerwear, boots and equipment. Retail was the only sector to show improved profitability, although four of nine entrants posted earnings’ declines. Nike’s $129.3 million profit contributed 87% of the industry’s Q4 profits.

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