Fishing Line Launch Propels Element 21 Q4 Revs
Element 21 Golf Company, the Toronto-based manufacturer of Scandium Alloy golf and fishing equipment, reported revenues of $888,808 for the fourth quarter ended June 30. Revenues increased 686% compared to $112,963 reported for the same period fiscal 2007. The fourth quarter, which was the Element 21’s sixth consecutive quarterly sequential increase in revenue, exceeded the company’s revenue pre-announcement by more than 10%... (10/10/2008)

NSGA: Sporting Goods Purchases Over the Internet Grow
According to data from the National Sporting Goods Association (NSGA), purchases of sports equipment on the Internet have gone from 1.4% of the total equipment market in 1999 to 10.1% in 2007. Since 2000, Internet purchases of sports equipment have gone from $750 million to more than $2.5 billion -- a 242% increase in Internet sports equipment purchases. In contrast, purchases of sports equipment in all channels rose only 17% in that same time period...(10/10/2008)

Brunswick Accelerates Job Cuts, Plant Closures
Brunswick Corp. plans to accelerate its previously announced efforts to resize the company and to remove $300 million in fixed costs by the end of 2009. The company is taking the action in light of "extraordinary developments within the global financial markets" that are affecting the recreational marine industry...(10/9/2008)

FTC Bars Non-Compete Pact by Golf Galaxy
The U.S. Federal Trade Commission said it settled charges that Golf Galaxy, a unit of Dick's Sporting Goods Inc, violated U.S. antitrust law by reaching an agreement with a potential competitor, Golf Canada, that barred a potential competitor from entering the U.S. market for a certain time period. The settlement will enable Golf Canada to open stores in the U.S....(10/9/2008)

Deckers Expects to Exceed Q3 Guidance
Deckers Outdoor Corporation expects third quarter 2008 sales, ended Sept. 30, to be approximately $195 million, which would represent an increase of 51% over 2007 levels, up from its previous guidance of an increase of approximately 34%. Based on higher than forecasted sales, Deckers expects to also exceed its previously issued third quarter 2008 diluted earnings per share growth target of 12% over the same period in fiscal 2007...(10/9/2008)

Tender Corp. Secures Private Equity
Tender Corp., a major provider of insect repellents and other health products to outdoor retailers, said it secured a major investment from private equity firm Prospect Partners, LLC, of Chicago, Ill. Terms were not disclosed...(10/9/2008)

The Buckle Posts 19.7% Comps Gain in September
The Buckle Inc. said its same-store net sales for the five-week period ended Oct. 4, 2008, increased 19.7% from comp store net sales for the year earlier period ending Oct. 6, 2007. Net sales for the five-week fiscal month increased 26.2% to $72.8 million from $57.7 million for the prior year five-week period ended Oct. 6, 2007...(10/9/2008)