Spy Optic’s parent company posted a Q1 net loss of $804,000, beating last year’s decline, despite drastically lower sales.
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After halting trading of its stock late last week, Billabong announced a rights offering to help pay down debt and lowered its profit forecast.
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Oakley’s “positive sales performance in all markets” buoys parent company during difficult quarter.
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Same store sales down 1.7%. Company increases Q1 guidance based on stronger than expected sales and margins.
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Retailer Sport Chalet announced today that it has amended its credit agreement, adding more than 20 percent and an additional 10-million dollars to its line.
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Vans domestic revenues up 3%, The North Face up 14% globally.
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Orange 21 is applying to transfer its Nasdaq listing from the Nasdaq Global Market to the Nasdaq Capital Market after failing to meet the Global Market’s minimum equity requirements.
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Jarden Corp. announced it expects revenues for the first quarter of 2009 will be roughly $1.14 billion as compared to $1.22 billion in 2008.
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Despite increased sales of 2 percent, Spy Optic’s parent company reported losses for 2008 rose to $15.2 million from $8 million in 2007.
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If you have a specific question about your business’s finances, or just a general question about the economy (besides the obvious “When’s it going to get better?”), you’ve come to the right place.
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