Finishing Touches Being Put On Fort Bragg Field Yankees Experiencing Drop-Off In Star Power Weekend Plans With MLB's Pat Courtney Tix For Ft. Bragg MLB Game Are Nontransferable Braves To Open SunTrust On April 13 Padres HOF Opens Friday Without Selig Name Shapiro Addresses Rogers Centre Concerns Braves, Falcons Pitch New Stadiums At Same Time Yankees-StubHub Deal Includes Resale Price Floor Brewers Attendance Consistent With Expectations
SBD/9/Sponsorships Advertising Marketing
RAWLINGS' FIRST QUARTER EARNINGS GO FOUL
Published January 9, 1997
A drop in the sales of baseballs, baseball gloves and basketballs led to losses for MO-based Rawlings Sporting Goods in the first quarter ended November 30, according to the ST. LOUIS POST-DISPATCH. Sales dropped 20% from the year-earlier quarter, to $28.3M. The net loss was $58,000, with a $.01 loss per share. Rawlings said basketball sales were down due to promos with Pizza Hut and Wal-Mart, while baseball sales could not compete with the same period a year earlier, when Cal Ripken, Jr. memorial balls sold well. Rawlings CFO Paul Martin said a rebound "is expected" in the second or third quarter, as baseball sales look to improve with a new MLB labor deal (ST. LOUIS POST-DISPATCH, 1/9).