Author: ericsmith

Duluth Trading Outlines Four Pillars For Fiscal-Year Growth

Duluth Trading Outlines Four Pillars For Fiscal-Year Growth

Stephanie Pugliese understands that Duluth Holdings Inc. isn’t immune from the challenging and evolving retail landscape that threatens any company unwilling to adapt. That’s why Duluth (dba, Duluth Trading Co.), where is Pugliese is CEO, has “identified four areas of opportunity that the entire Duluth team is focused on for the remainder of this year” to withstand all looming retail pitfalls, she told analysts on Thursday morning’s earnings call. (Read More)

‘Trump Slump’ Takes Down Another Firearms Company

‘Trump Slump’ Takes Down Another Firearms Company

Firearms distributor United Sporting Cos. expected Hillary Clinton to win the 2016 presidential election, so it boosted inventories in preparation for the certain rush of gun purchases. But that miscalculation led USC to become the latest victim of the “Trump Slump”—a term used to describe how the current firearms-friendly presidency has quelled concerns over gun rights and stunted sales. (Read More)

Difficult Firearms Comp Hinders Sportsman’s Warehouse’s Q1

Difficult Firearms Comp Hinders Sportsman’s Warehouse’s Q1

Sportsman’s Warehouse Holdings Inc. clearly benefited from competitors such as Dick’s Sporting Goods dropping out of the firearms business last year following the school shooting in Parkland, FL. But the ensuing boom also created—as expected—some difficult comps for the Midvale, UT-based retailer, which on Thursday reduced its outlook for the year after results in the first quarter ended May 4 missed analysts’ revenue and earnings estimates. (Read More)

Hibbett’s Digital Efforts Gaining Traction

Hibbett’s Digital Efforts Gaining Traction

For a company that admittedly was “late to the ballgame” with implementing all the digital capabilities a retailer should offer its customers in today's competitive landscape, Hibbett Sports Inc. has certainly made up for lost time. And the company showcased some of its recent digital advances during a stellar first quarter that topped revenue and earnings expectations. (Read More)

Foul Weather, Late Tax Refunds Stymie Shoe Carnival’s Q1 Comps

Foul Weather, Late Tax Refunds Stymie Shoe Carnival’s Q1 Comps

Inclement weather and a delay in the issuance of tax refunds resulted in Shoe Carnival Inc.’s same-store sales declining in the high-single digits in February, according to company executives. March and April showed improvement, combining for a 3.6 percent increase, but they weren’t enough to overcome the quarter’s slow start as Q1 comps for the company fell 0.2 percent while Wall Street had projected a 1.6 percent gain. (Read More)

Baseball Bat Sales Soar In 2018 After Key Rule Change

Baseball Bat Sales Soar In 2018 After Key Rule Change

A baseball bat rule change that USA Baseball issued in 2015 and which organizations such as Little League International adopted in January of last year helped manufacturers’ sales of bats surge 18.9 percent in 2018, according to recent wholesale data compiled by the Sports & Fitness Industry Association. The SFIA 2019 Manufacturers’ Sales Report showed that the overall sports and fitness products industry grew 2.3 percent in 2018 to $92.3 billion. (Read More)

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