Big 5 Sporting Goods Same Store Sales Up 1.1 Percent In Q4
Sporting goods retailer Big 5 Sporting Goods Corp. on Monday reported sales results for the fiscal 2018 fourth quarter and full year ended December 30, 2018.
Delta Apparel Announces Preliminary First Quarter Results
Delta Apparel Inc. on Monday announced preliminary results for its 2019 fiscal first quarter ended December 29, 2018. The company anticipates overall net sales for the first quarter of its 2019 fiscal year to come in ahead of expectations at approximately $101 million, or about a 12 percent increase from prior year net sales of $90.3 million.
VF Corp. Appoints Laurel Krueger As VP, General Counsel, Kontoor Brands
VF Corp. on Monday announced that Laurel Krueger has been named vice president, General Counsel of Kontoor Brands Inc., the independent, publicly traded company that will result from the previously announced separation of VF’s Jeanswear organization.
Unifi Updates Outlook In Advance of Q2 Earnings Conference Call
Unifi Inc. on Monday announced preliminary financial results for its second fiscal quarter ended December 30, 2018. For Q2, the company expects net sales of approximately $167 million; gross margins of approximately 8.4 percent; operating loss between ($1.5) million and ($0.5) million; loss before income taxes between ($1.5) million and ($0.5) million; and adjusted EBITDA between $4.5 million and $5.5 million.
Royal Robbins Makes New Hires To Support Growth
In the wake of significant investments from its new parent company, Royal Robbins is undergoing a brand transformation, bringing aboard 11 key new personnel in the last six months. The company also has opened a new global headquarters in downtown San Francisco, and has moved its distribution operations into a new state-of-the-art distribution facility in Louisville, CO.
Tilly’s Sees 5.8 Percent Increase In Holiday Sales
Tilly’s Inc. said xomparable store net sales, including e-commerce, increased by 5.8 percent for the holiday period compared to an increase of 0.4 percent for last year’s holiday period.
Lululemon Raises Fourth Quarter 2018 Guidance
Lululemon raised its EPS guidance for the fourth quarter and also now expects a total comparable sales increase in the mid-to-high teens on a constant dollar basis.
Columbia Sportswear Tim Boyle Urges White House, Congress To Reopen National Parks
“Make America’s Parks Open Again,” Columbia Sportswear Company’s Tim Boyle pleaded in a full page ad that ran Friday in The Washington Post.
The X Brace Joins The Medi-Dyne Family Of Brands
Medi-Dyne Healthcare Products, a leading producer of innovative pain relief, prevention, and healing products announced the acquisition of The X Brace.
Lands’ End Names Chieh Tsai Chief Product Officer
Lands’ End Inc. appointed Chieh Tsai, the company’s current senior vice president of design, to the newly-created position of chief product officer as its next step in continuing to refine the company’s signature look and feel.
SGB Industry Outlook 2019, Part 3
Here is our final installment of the 2019 industry outlook. Thank you to all the industry executives and business owners who shared expectations, hopes and concerns for the new year. This was the biggest response we’ve ever gotten, with almost 60 participants, prompting three parts instead of the usual one or two.
Aisle Talk Week Of January 7
Top headlines from the active lifestyle industry you may have missed this week, including Portland, OR-based outdoor apparel firm Poler filing a Chapter 7 bankruptcy to liquidate.
Vail Resorts Seeing Healthy Growth Early In Ski Season
Season-to-date total lift ticket revenue at the company’s North American mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 12.2 percent compared to the prior year season-to-date period.
Sears Chairman Ups Bid For Sears
Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, The offer comes one day after Lampert’s initial $4.4 billion bid was rejected by the company as being financially inadequate.
SGB Industry Outlook 2019, Part 2
This is the second installment of our annual series that gauges what the industry’s key players are projecting for the coming year. Also, due to overwhelming response, we’ve extended our industry outlook to three parts due to so many of people wanting to contribute their thoughts on 2019. Look for even more commentary on 2019 in Friday’s edition of SGB Executive.
