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February 15, 2012 Puma Tops €3 Billion in Sales on Surge in Q4
An unexpected flurry of orders in the final quarter, especially in the U.S. market, pushed up Puma’s consolidated sales 16% to €720.5 million ($943.9 mm) from €623.4 million, which generated net income of €33.1 million ($43.4 mm) this year, up 137% from the €14.0 million last year. Jarden Outdoor Results Up in Q4 but Sees Fallout in 2012
Jarden’s Outdoor Solutions group reported operating income of $38.1 million for the final quarter ended Dec. 31, up 75% from the $22.4 million of last year on a revenue hike of 2% to $614.5 million compared to $604.0 million. Skechers Hopes FY12 is GORun Time Following Tough Q4, FY11
The Mr. Quiggly-endorsed brand, faced with tough comparisons and the shedding of millions worth of toning inventory, reported a $57,661,000 loss against a profit of $3,237,000 in the fourth quarter ended Dec. 31. Hanesbrands Braces for More Challenges in FY12
HBI expects its outerwear segment to lose money this year because of “hypercompetitive pricing” and reduce its annual EPS by $0.30 ($29.8 mm) to a range of $2.50-2.60 with most of the segment’s challenges to occur in H1. Cybex International Turns Q4 Profit as International Sales Rise 20%
Helped by a $30.1 million reduction in litigation charges, fourth quarter net income came in at $34,709,000 against a loss of $57,113,000 for the period ended Dec. 31. Hibbett Partners with Dreams for Online Team Shop
The multi-year deal, which immediately makes 130,000 hard- and softgoods team products available to Hibbett customers online at www.stadiumshop.hibbett.com, is the first alliance with a sporting goods retailer for Plantation, FL-based Dreams, Inc. Etcetera: Riddell, Sport Court
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