In the conference call discussion of their results Michael Marckx, Spy’s President and CEO, emphasized two things. The first was the total focus on the Spy brand. The second was that they had a solid and complete management team that was in agreement on the company’s strategy and direction. Those are good things. In spite of the sales […]
VF’s reported revenues rising 16.4% in the quarter ended June 30 compared to the same quarter last year. Net income was up 20% from $129.4 million to $155.3 million. As you look at those headline numbers, there are a couple of things to keep in mind. First, the Timberland acquisition closed on September 13, 2011 so
VF’s Quarterly Results and Strategy: They Do Love Outdoor and Action Sports Read More »
Skull had a strong quarter, and we’ll review the numbers. But what intrigues me more are the investments Skull is making and the steps they are taking to implement their strategy. That’s where I want to spend most of our time. In what was, and continues to be, an oversimplification I’ve written that the bet Skull was placing
Skullcandy’s June 30 Quarter; Focus on the Strategy Read More »
Walking around a really good Agenda show last week, the question I kept getting asked was, “What’s going to happen to Billabong?” As I told everyone who asked, I only had access to the same public information they had. Given that information, my best guess is that Billabong will be sold. Here’s my reasoning. As you
Speculation on Billabong Read More »