All Sporting Goods Intelligence articles in Volume 26, Issue 29-30 – Page 5

  • Article

    Peak Performance reaches an Ebit margin of 11.2%

    2015-09-21T00:00:00Z

    Peak Performance raised its sales by 4.1 percent on a currency-neutral basis during the financial year ended June 30, driven by higher sales at its own stores. Not including factory outlets, same-store sales went up by 13 percent at the brand's physical stores and through e-commerce, especially in the second ...

  • Article

    Halfords reports a 11% drop in summer sales

    2015-09-21T00:00:00Z

    Bad weather in the U.K. was blamed for causing a sharp drop in sales in Halfords' cycling range in the eight weeks ended Aug. 28. The rainy and inconsistent weather in July and August discouraged casual cyclists from buying new equipment, according to the retailer, which saw revenues in those ...

  • Article

    Under Armour eyes international sales of $1.5 billion

    2015-09-21T00:00:00Z

    In a meeting with investors, Under Armour outlined a new strategic development plan that calls for higher growth rates than previously projected, following its recent successes in footwear and in international markets. The company is now budgeting average compound annual growth (CAGR) of 25 percent through 2018, up from its ...

  • News briefs

    Nike has a new $2.0 billion revolving credit facility with...

    2015-09-21T00:00:00Z

    Nike has a new $2.0 billion revolving credit facility with Bank of America, Citibank, Deutsche Bank and HSBC. Replacing a $1.0 billion line of credit, it matures in July 2020, with option for a two-year extension. At the end of the last quarter, Nike had cash and short-term investments worth ...