LaCrosse Footwear, Inc., of Portland, reports 2nd quarter results

LaCrosse Footwear, Inc., makers of Danner brand boots in Portland, continues to navigate rough terrain, according to second-quarter financial results reported today.

For the second quarter of 2011, ending June 25, LaCrosse reported net sales of $27.1 million, up 2 percent from $26.6 million in the second quarter of 2010. But for the first half of 2011, net sales were $52.2 million, about 14 percent below the $60.8 million in the same period of 2010. Excluding the government channel, the company's combined sales to its wholesale, direct and international channels increased 13 percent in both the second quarter and the first half of 2011 compared to the same periods in 2010.

For the second quarter of 2011, the net loss was $200,000 or 3 cents per diluted share, compared to net income of $100,000 or 2 cents per diluted share in the second quarter of 2010. For the first half of 2011, the net loss was $800,000 or 13 cents per diluted share, compared to net income of $1.8 million or 27 cents per diluted share in the same period of 2010.

Sales to the work market were $17.6 million in the second quarter of 2011, down 5% from the same period of 2010, reflecting a reduction of contract orders from the U.S. military and the Company's decision in 2010 to discontinue its work apparel products. Excluding the contract military and the work apparel sales, work sales in the second quarter of 2011 increased 17% from the same period in 2010. Sales to the outdoor market were $9.4 million in the second quarter of 2011, up 18% from the same period of 2010. The increase in outdoor sales primarily reflects strong demand for hunting and hiking products.

Gross margins for the second quarter of 2011 were 38.5 percent of net sales, compared to 40.9 percent in the same period of 2010. The year-over-year decrease in gross margins primarily reflects an increase in closeout sales of discontinued work apparel products. Operating expenses were $10.6 million in the second quarter of 2011, down 1 percent from the same period in 2010, primarily related to a reduction in compensation expense, partially offset by increased investments in marketing and product development initiatives.

 The Company's inventories were $53.4 million at the end of the second quarter of 2011, up from $26.4 million at the end of the same period in 2010.

Danner Work Boots - News


LaCrosse Footwear, Inc., of Portland, reports 2nd quarter results
LaCrosse Footwear, Inc., of Portland, reports 2nd quarter results

More than 280 people work at the factory, which is east of the Portland International Airport in Northeast Portland. LaCrosse today announced its second quarter financial results. LaCrosse Footwear, Inc., makers of Danner brand boots in Portland,



LaCrosse Footwear Announces Second Quarter Reporting Date

LaCrosse Footwear, Inc. is a leading developer and marketer of branded, premium and innovative footwear for work and outdoor users. The Company's trusted Danner(R) and LaCrosse(R) brands are sold to a network of specialty retailers and distributors in



Austinite's passion to prevent torture seen in banners across nation
Austinite's passion to prevent torture seen in banners across nation

His death prompted her to think about doing work that she genuinely cared about. She had been paying close attention to reports of torture as they related to the wars in Afghanistan and Iraq. She read Mark Danner's book "Torture and Truth," which



Hal Linden, Christina Pickles Lead ON GOLDEN POND At Colony Theater

She spent several summers at the Williamstown Theatre Festival where she appeared in Heartbreak House with Blythe Danner. Danner's husband, Bruce Paltrow, cast Christina in the long-running TV hit "St. Elsewhere," and she received five Emmy nominations




Office Shoes Reviews | Danner Station/Office Romeo Work Boots

Desk duty is anything but easy. Thats why we created the Station/Office Boot. It pairs a stable, stitchdown build with Ultralon footbeds for an ideal balance of toughness and comfort. The SOB is easy to slip on and off, so its ideal for cops, security workers, and other uniformed professionals who need to respond at a moments notice. Highly durable, moisture-wicking spacer mesh lining offers breathable comfort in a non-waterproof package. Durable full-grain leather can be easily polished and is preferred by those in uniform and on special tactical teams due to its durability and ability to be cleaned quickly. Danner’s hand crafted stitchdown construction provides a wider platform for increased stability underfoot. This construction makes the boot recraftable in our Portland factory. PU midsole provides long lasting cushioning and support. Ultralon footbed for ultimate step-in and all-day support and comfort. Vibram® Duralogicalâ„¢ oil and slip resistant outsole provides all the rugged durability youd expect of Danner, yet its extremely cushioned so you keep fatigue at bay. Nylon shank. 6″ height. 45 oz. Recraftable. Imported.


Danner Work Boots - Bookshelf

International directory of company histories

International directory of company histories

By the end of World War II, Danner had become established as a high-quality manufacturer of popular logger-style work boots. During the 1960s Danner ...

Backpacker

Backpacker

And while other boots came and went, the DANNER MOUNTAIN LIGHT ... who put them through a full year of in-the-field use and trail work. ...

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L.A. Requiem

He was in his sixties, with a large gut hanging over khaki trousers and Danner work boots. An unbuttoned Hawaiian shirt let the gut show like he was proud ...

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Field & Stream

..Workboots That Work. ... and a quality boot Cabela's Outfitter L AB 10 1000T/G -Tb $160 tough as nails; good price Danner Canadian L AB 10 600T/N;G-Tb $285 ...

Insiders' Guide to Portland, Oregon, Including the Metro Area and Vancouver, Washington

Insiders' Guide to Portland, Oregon, Including the Metro Area and Vancouver, Washington

Danner Factory Outlet Store 12722 Northeast Airport Way (503) 251-1111 Boots, boots, boots. ... long-lasting hiking boots, work boots, or hunting boots. ...

Casual Info Directory


Danner
Specializes in boots for hiking, hunting, work, and other outdoor activities.

Danner - Boots
We are a company of craftsmen skilled in the art of footwear. Rooted in the Pacific Northwest, we strive each day to uphold ourselves to the highest standards.

Danner Work Boots
Danner 8" Quarry 3.0 Boots bounce back from tough work days, again and again. ... Work or play, the Danner Quarry GTX boot is a tribute to quality materials and serious ...

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danner work boots ... Work boots are generally made from sturdy leather uppers and non-leather outsoles with protective features such as steel toes or ankle guards. ...

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Danner provides a variety of footwear including work boots and hunting boots as well as military and uniform footwear. Discounted Boots offers Danner ...