Re: [Paddlewise] Kayak Corporation Carnage? Inquiring minds ...

From: <SNStone_at_aol.com>
Date: Thu, 30 Jul 2009 06:53:54 EDT
 
In a message dated 7/30/2009 6:43:51 A.M. Eastern Daylight Time,  
culpeper_at_tbaytel.net writes:

> They are  releasing their 3rd quarter results  tomorrow:
> http://investor.johnsonoutdoors.com/


johnson outdoors announced a closing of a factory in Washington State a few 
 months ago. there are rumors of bankruptcy. i repeat - they are  rumors.
 
the paddlesport industry in general is in economic turmoil - along with  
other industries and individuals. retail sales are down. a good indicator of 
the  future could be to look at who did not attend the Outdoor Retailer event 
this  year. I heard Werner Paddles decided to skip this year. This could be 
a  precursor to things to come next year. It is probably reasonable to 
expect lower  "pre-season" orders this fall as retailers will still have stock 
from this  year's orders. 
 
sid
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Received on Fri Jul 31 2009 - 11:15:14 PDT

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