The Buckle, Inc. reported net income for the third quarter of fiscal 2003 was up 8.2% to $12.2 million, or 57 cents per share (56 cents per share on a diluted basis), compared with $11.3 million, or 53 cents per share (52 cents per share on a diluted basi
Author: James Hartford
Vail Gets Heavenly Relief in Fiscal 2003
Vail Resorts, Inc. reported that the net loss for the fiscal year ended July 31, 2003 was $8.5 million, or a loss of 24 cents per diluted share, compared to net income of $7.1 million, or income of 20 cents per diluted share, for the same period last year
Reebok Signs Stojakovic to Footwear Deal
Reebok has signed a multi-year endorsement agreement with Sacramento Kings' phenom Predrag “Peja” Stojakovic. Widely considered one of the best shooters in the league, Stojakovic is the reigning “NBA All-Star 3 Point Shoot-Out” champion for 2003 and
Everlast Q3 Net Income Falls 75% on 4.9% Sales Decline
Everlast Worldwide Inc. reported net sales declined 4.9% to $16.1 million for the third quarter ended September 30, 2003, compared to $16.9 million in the year-ago period. Net licensing revenues increased 14.8% to $1.6 million vs. $1.4 million in the 200
Kohl’s Q3 Net Income Decreases 9.1% on Lower Comp Sales
Kohl's Corporation reported net sales for the third quarter increased to $2.4 billion from $2.1 billion a year ago, an increase of 11.7%. Comparable store sales declined 1.3%. Net income was $121.2 million or $0.35 per diluted
share, compared with $1
Shoe Pavilion Net Loss Widens on 4.7% Comp Sales Increase
Shoe Pavilion, Inc. announced a net loss of $1.2 million or
($0.18) per share, for the third quarter ended September 27, 2003 compared to a net loss of $104,000 or ($0.02) per share, for the third quarter of 2002. Net sales increased 13.9% to $21.6 milli
Federated Q3 Earnings Dip on Fairly Flat Comps
Federated Department Stores, Inc. reported third quarter net income fell 36.8% to $67 million, or 36 cents diluted
earnings per share, from $106 million, 54 cents per diluted share in the year-ago period. Excluding discontnued operations, Federated earni
Federated Moves Ahead With Burdines-Macy’s Merger
In conjunction with its broader national branding strategy for Macy's, Federated Department Stores, Inc. announced plans for converting six of Macy's seven Florida stores to Burdines-Macy's while closing one other in markets where Burdines
Payless Swings to Q3 Loss on 1.4% Comp Sales Decline
Payless ShoeSource, Inc. posted a loss of $2.2 million, or $0.03 per diluted share, for the third quarter of fiscal 2003, compared to net earnings of $29.6 million, or diluted earnings per share of $0.43, during the third quarter of fiscal 2002. Company
Footstar Delays Filing of Third Quarter Report
As expected, Footstar, Inc. on Monday informed the SEC that it will not file its Form 10-Q for the quarterly period ended September 27, 2003, by November 12, 2003 when it is otherwise due because its financial statements are not yet complete…
Gildan Moves into Russell’s Backyard with GA Plant Purchase
Gildan Activewear Inc. has formed a 50%/50% owned joint venture company with Frontier Spinning Mills, Inc., and that the new joint venture company had acquired all of the assets of an existing yarn-spinning facility located in Cedartown, Georgia…
Sports Supply Swings to Q3 Loss on Team Dealer Closures
Sport Supply Group, Inc. reported that net sales for the third quarter ended September 26, 2003 inched up 1.4% to $25.9 million from $25.5 million in the year-ago period. During the quarter, SSPY began closing certain of its team dealer operations — inc
Footstar Board: Robinson Terminated for Cause
It turns out that some message boards actually get it right sometimes as Footstar, Inc. announced that the Company's Board of Directors has determined that Mr. Mickey Robinson, the Company's former CEO, was terminated for cause. The Board'
True Temper Ride Steel Shafts to 53% Q3 Profit Gain
True Temper Sports, Inc. announced net sales for the third quarter increased 12.1% to $24.7 million from $22.0 million during the third quarter of 2002. Net income for the quarter increased to $2.3 million from $1.5 million in the third quarter of 2002…
Texas Pacific to Acquire Sneaker Outsole Supplier
Texas Pacific Group will acquire the KRATON Polymers Group of Companies from Ripplewood Holdings LLC and other i a deal valued at $770 million. KRATON is the world's largest producer of styrenic block copolymers, a family of products used in adhesiv