EXEC: Tilly’s Shreds It and Zumiez Eats It with Fiscal Q1 Performances
EXEC: Lululemon Co-CEOs Talk Through Hits and Misses Going into Second Quarter
EXEC: Famous Footwear Sees Inflationary Pressures Drag Down Foot Traffic in Q1
EXEC: Authentic Solidifies Position as No. 2 Global Licensor as Company Heads Toward IPO
EXEC: Sportsman’s Warehouse CEO Talks Q1 Category Details as Retailer Beats Estimates
SGB Update
PopStroke Names Chief Growth Officer
The miniature golf entertainment concept, owned by Greg Bartoli, Tiger Woods’ TGR Ventures, and TaylorMade Golf Co., has appointed Matt Corey to a new role as chief growth officer. The announcement comes as PopStroke reaches 21 venues nationwide, with three additional locations slated to open this year.
Peloton Acquires Pilates Startup Skōp
Peloton Interactive, Inc. has acquired Skōp, the maker of a $7,995 connected Pilates reformer, in what the company is framing as a targeted technology acquisition rather than a new product for its lineup.
Dick’s SG to Open First House of Sport in Colorado
Dick’s Sporting Goods plans to open its first House of Sport store in Thornton, CO. Dick’s plans to open 14 House of Sports stores in 2026 and 18 next year.
Kona Bicycles Promotes Charles Russell to President and CEO
The company said the planned leadership transition reflects a long-term investment in Kona 3.0 and the brand’s future. Charles Russell initially joined Kona in spring 2025 as chief revenue officer and now replaces co-founder Jake Heilbron.
Tersus Solutions Expands Denver Footprint, Makes Leadership Additions
Tersus Solutions reported in a media release that it is “entering its next phase of growth, with an additional facility on its Denver campus dedicated solely to footwear, a new Topo Designs partnership and an enhanced leadership team.”
SGB Executive
EXEC: Lululemon Sees Analyst Downgrades, Stock Price Cuts Following Bleak Forecast
Lululemon Athletica Inc. suffered two downgrades and saw numerous other analysts slash their price targets on its stock after the the retailer slashed its annual profit forecast and projected second-quarter earnings well below Wall Street estimates.
EXEC: Tilly’s Shreds It and Zumiez Eats It with Fiscal Q1 Performances
Shares of Tilly’s, Inc. jumped 18.6 percent on Thursday, June 4, after reporting one of its strongest quarters to date, while competitor Zumiez saw shares collapse ~24percent in late-afternoon trading on Friday as the action sports retailer offered weak guidance amid signs of a pullback in discretionary spending.
EXEC: Lululemon Co-CEOs Talk Through Hits and Misses Going into Second Quarter
Interim Co-CEO and CFO Meghan Frank said the company saw encouraging signs in Q1 that reinforce that the company is moving in the right direction, but the company faced a few headwinds as the calendar transitioned to the second quarter, revealing a moderating sales trend.
EXEC: Puma Earns Stock Upgrade as Anta Partnership Seen Boosting China Sales
Citi Research upgraded Puma to “Buy” from “Neutral,” citing a “potential major mid-term growth opportunity” in China and following its formation of a strategic partnership with Anta Sports.
EXEC: Famous Footwear Sees Inflationary Pressures Drag Down Foot Traffic in Q1
The parent company of the Famous Footwear retail banner, and a Brand Portfolio business which includes the Naturalizer, Vionic, Allen Edmonds, Stuart Weitzman, Blowfish Malibu, and Sam Edelman brands, maintained its sales guidance for the year as it raised expectations for the Brand Portfolio segment and lowered targets for Famous Footwear.
