The Sports Authority, Inc. has announced their 2002 Vendor of the Year Award recipients. The award recognizes outstanding vendor partners that took the business of sporting goods at the Sports Authority to a higher level in 2002. Vendor of the Year Awar
Author: James Hartford
Galyan’s Breaks Ground on New Corporate Offices
Galyan's Trading Company, Inc. announced today they would build a 100,000 square foot state-of-the-art corporate headquarters in Plainfield, IN in close proximity to their distribution center…
Aussie Apparel Adds U.K. Licensee for Hot Tuna
Aussie Apparel Group Ltd. announced that on May 15 it signed an agreement with Revo (UK) Ltd. to be the exclusive licensee for the Company's Hot Tuna brand in the United Kingdom and Ireland. The agreement with Revo calls for minimum sales of $14.1 mi
SGMA: Sporting Goods Manufacturers Financial Performance Improves
U.S. sporting goods manufacturers managed to increase sales and profitability in 2002, despite the stagnant economy, by controlling costs and leveraging assets. That's the key finding of SGMA International's 20th Annual Study of Financial Pe
Sports Authority Q1 Net income Shrinks as Sales Dip 4.0%
The Sports Authority, Inc. reported net income of $0.5 million or $0.01 per diluted share for the first quarter ended May 3, 2003, versus $1.7 million or $0.05 per diluted share for the first quarter of the prior year. Sales for the first quarter were $3
Gart Q1 Results Benefit from Settlement Gains; Sales Down 6.8%
Gart Sports Company reported total sales for quarter ended May 3, 2003 decreased 6.8% to $228.4 million compared with $245.0 million in the year-ago quarter. Comps decreased 8.8% from last year. Net income increased to $4.2 million, or $0.34 per fully d
Stage Stores Q1 Net Income Down 24.7%; Sales Down 4.2%
Stage Stores, Inc. announced that net income for the first quarter ended May 3, 2003 was $13.4 million, or $0.69 per diluted share, compared to $17.8 million, or $0.82 per diluted share, for the prior year first quarter ended May 4, 2002. Total sales for
The Bon-Ton Narrows Q1 Loss as Sales Decline 6.2%…
The Bon-Ton Stores, Inc. reported a net loss of $2.9 million, or $0.20 per share, for the first quarter of fiscal 2003 compared to a net loss of $4.4 million, or $0.29 per share, for the first quarter of fiscal 2002. First quarter comparable store sales
Hilfiger Suit Wipes Out Goody’s Q1 Profit Gain
Goody's Family Clothing, Inc. reported net earnings of $1,863,000, or $0.06 per diluted share, for the 13 weeks ended May 3, 2003, compared with net earnings of $5,572,000, or $0.17 per diluted share, for the 13 weeks ended May 4, 2002. Total sales
Nike Nabs James in Endorsement War
LeBron James has signed a multiyear shoe and apparel deal with Nike for contract likely to approach $100 million.
A Nike spokesman confirmed late Wednesday night that the St. Vincent-St. Mary senior had agreed to a contract with the Swoosh, but said terms
Brown Shoe Sees 18% Q1 Net Income Gain on Flat Sales
Brown Shoe Company, Inc. reported an 18% increase in net earnings to $9.0 million, and a 14% gain in diluted earnings per share to $0.49, for the first quarter of fiscal 2003 ended May 3, 2003. This compares to net earnings of $7.6 million, or $0.43 per
Genesco Q1 Earnings Fall 60% on Slight Sales Uptick
Genesco Inc. reported net earnings of $3.3 million, or $0.15 per diluted share, for the first quarter ended May 3, 2003, compared with $8.2 million, or $0.33 per diluted share, for the first quarter last year. Net sales for the quarter were $193 million
Foot Locker Q1 Net Income Up 2.6% on 3.5% Sales Increase
Foot Locker, Inc. reported income from continuing operations for the first quarter increased to $39 million, or $0.27 per share, compared with $38 million, or $0.26 per share, last year. Sales increased 3.5% to $1.13 bn this year compared with sales of $
Galyan’s Q1 Loss Widens as Sales Increase 14.2%
Galyan's Trading Company, Inc. reported a GAAP net loss of $2.6 million, or $0.15 per share, for the first quarter of fiscal 2003 compared with a GAAP net loss of $414,000, or $0.02 per share in the prior year's first fiscal quarter. Net sales
Phoenix Footwear to Acquire H.S. Trask
Phoenix Footwear Group, Inc. has signed a letter of intent to acquire H.S. Trask & Co., a Montana-based designer of men's casual boots and shoes. The transaction consideration consists of cash and Phoenix Footwear stock. Under the terms of the tran