Sportsman’s Warehouse Posts Q1 Loss
John Schaefer, CEO, stated, “As expected, we saw continued softness in firearm demand during the first quarter as we anniversaried difficult compares post the San Bernardino shooting and executive orders that were issued at the beginning of 2016.”
Hibbett Sports Re-Elects Two Board Members
Hibbett Sports Inc. re-elected two directors to three-year terms that expire with the 2020 annual meeting. They include Anthony F. Crudele and Ralph T. Parks.
Under Armour To Start MLB Deal In 2019, Not 2020
The full switch to Under Armour for on-field apparel is now set for the 2019 season.
Hibbett Sports Sees Comps Bouncing Back In Second Half
Hibbett Sports reported earnings fell in the first quarter, as projected, on lower sales with continued weakness in legacy sports product. But it also indicated same-store sales are likely to drop again in the second quarter. On the positive side, officials remain hopeful that improved allocations of footwear, its new store-to-home capabilities and the third-quarter launch of e-commerce will provide fresh revenue streams in the back half.
PHIT Support From Congress Growing
In less than three months, the Personal Health Investment Today (PHIT) Act has gained support from 50 Members of Congress with the addition of Congressman Joe Barton (R-Tex.) on Thursday.
Original Penguin Pop-up Opens In Aspen
The pop-up store will serve as a sneak peek into the brand’s upcoming new store concept.
Dick’s To Open Three Additional Stores In May
With the grand opening of new stores in Georgia and California, Dick’s will have 697 locations in the country.
Foot Locker Foundation Supports College Dreams For 20 High School Students
Stated Richard Johnson, chairman and chief executive officer, Foot Locker, “With today’s escalating costs of college tuition and student debt, our commitment to education has become more important than ever.”
Perry Ellis Q1 Tops Guidance
Perry Ellis International reported earnings and sales both exceeded internal guidance in the first quarter with “particular strength in Golf Lifestyle Apparel and Nike Swim.”
Hibbett Sports’ Q1 Profits Slide
Hibbett Sports Inc. reported earnings in the first quarter slumped 25.1 percent as same-store sales decreased 4.9 percent. Earnings landed at the high end of guidance provided on April 27.
Ralph Lauren Hires President And CEO
Patrice Louvet, formerly group president, global beauty at Procter & Gamble, has been named president and chief executive officer.
Varsity Brands Hosts School Spirit Awards
The event, presented by BSN Sports, Varsity Spirit and Herff Jones, recognizes schools, school groups and individuals who go the extra mile to build school pride, student engagement and community spirit.
Columbia Sportswear’s President And COO Departs
Bryan Timm’s responsibilities will be handled by other members of the senior management team while the company continues to work through its previously announced operating model assessment that was initiated during the first quarter of 2017.
Adidas Appoints Managing Directors For Western Europe And Emerging Markets
Following the appointment of Gil Steyaert as executive board member responsible for global operations, Alain Pourcelot will succeed Gil Steyaert in the role of managing director Western Europe with immediate effect.
Grassroots Outdoor Alliance Readies For Spring Show
Connect will be attended by 105 independent specialty retailers and 102 vendor brands.
