Did you hear?...Forbes releases "200 Best Small Companies" list for 2007

Recently released is Forbes' 2007 list of the "200 Best Small Companies" in America. To qualify, Forbes said candidates had to have a revenue of $5 million to $750 million and share prices above $5 as of Oct. 1 -- according to return on equity, as well as sustained sales and net profit growth over 12-month and five-year periods.
Author:
Publish date:

Recently released is Forbes' 2007 list of the "200 Best Small Companies" in America. To qualify, Forbes said candidates had to have a revenue of $5 million to $750 million and share prices above $5 as of Oct. 1 -- according to return on equity, as well as sustained sales and net profit growth over 12-month and five-year periods. Too much debt, signs of a downturn in the future or a whiff of legal troubles were all disqualifiers.

Overall, the outdoor and fitness industries barely made a blip on Forbes' radar, with a few exceptions.

Not even on the list in 2006, Under Armour (NYSE: UA) landed in the top 10 at No. 3. Deckers Outdoor (Nasdaq: DECK) also broke the top 10, ranked at No. 9. Quite a jump from its No. 47 ranking in 2006. And, Hibbett Sports (Nasdaq: HIBB) was No. 49 -- up from No. 77 last year.

Forbes also noted, "small businesses are dynamic -- and sometimes volatile." Annual turnover of the companies on its list is also an indicator of volatility, and this year the turnover reached its highest level since 2002.

Related

Outdoor: Did you hear?…

For the week of June 21-27>> The Access Fund and the Bureau of Land Management said they have reached a ground-breaking memorandum of understanding (MOU) that formalizes a cooperative agreement to work at the national, regional and local levels on mutually beneficial programs, ...read more

Outdoor: Did you hear?...

>> Johnson Outdoors Inc. (Nasdaq: JOUT) has received a nonbinding proposal to acquire outstanding shares of the company for a cash price of $18 per share. The proposal from Samuel C. Johnson (majority shareholder and director of Johnson Outdoors) and Helen Johnson-Leipold ...read more