The Elder-Beerman Stores Corp. reported a net loss of $2.5 million or $0.22 per diluted share for the first quarter ended May 3, 2003, versus a net loss of $18.6 million or $1.64 per diluted share in the same period in 2002. Net sales for the quarter dec
Author: James Hartford
Stein Mart Q1 Profits Fall 87% On 7.1% Sales Decline
Stein Mart, Inc. announced the company earned $1.5 million, or $0.04 per share, for the first quarter of 2003 compared to earnings of $11.4 million, or $0.27 per share, in the first quarter of 2002. Total sales were $330.6 million, a 7.1% decrease from t
Hibbett Q1 Net Income Jumps 24.6% as Comps Rise 4.5%
Hibbett Sporting Goods saw net sales for the first quarter increase 12.4% to $79.6 million, compared with $70.8 million for the year-ago quarter. Comps rose 4.5%.
Net income for the first quarter increased 24.6% to $5.3 million
Dick’s Sees Net Income Surge 41% on Higher GM; Comps Off 0.9%
Dick's Sporting Goods, Inc. net income for the first quarter increased 41% to $6.7 million, and increased 17% to $0.28 per diluted share, when compared to Q1 2002. On a pro-forma basis, net incomes was up 37% and EPS was up 27% due to the increased
Kmart Promotes Dillon to VP/GMM Over Sporting Goods andToys
Kmart Management Corporation announced the promotions of Robert Atteberry and Joyce Dillon to Vice President and General Merchandise Manager, effective immediately. Dillon will oversee all merchandising functions for electronics, toys, sporting goods, se
Upper Deck Inks LeBron James Deal
The Upper Deck Company LLC announced Thursday the signing of hoops phenom LeBron James, one of the most highly-touted young talents in basketball history, to his first professional sponsorship deal…
Reebok Issues LeBron James Concession Speech
The following statement was released by Reebok mid-day Thursday after high school basketball phenom LeBron James signed an endorsement deal with Nike late Wednesday night:
While we believe LeBron James would have been a tremendous asset to
Oakley and Luxottica Group Settle Litigation
Oakley, Inc. has settled two previously announced patent and intellectual property lawsuits pending against Luxottica Group S.p.A. and its subsidiaries. Neither party admitted to any wrongdoing in either case, and all claims and counterclaims were releas
Icon Prevails in Nautilus Suit Over Crossbow
The United States District Court for the Western District of Washington sided with ICON on Wednesday in all matters before it, denying Nautilus' request for an injunction against ICON in continuing to sell the CROSSBOW and further ruling the CROSSBOW
ShopKo Sees Q1 Loss as Sales Dip 2.9%
ShopKo Stores, Inc. announced sales and earnings for the first quarter ended May 3, 2003. Consolidated sales were $707.9 million compared with $728.8 million for the same period last year. Comps decreased 2.7%. Net loss for the quarter was $1.1 million
Other Suitors Enter Elder-Beerman Bidding
EB Acquisition Ltd. sent a letter Wednesday to Steven Mason, the Chairman of the Board of Directors of The Elder- Beerman Stores Corp., expressing an interest in acquiring Elder-Beerman pursuant to an all-cash offer that would represent a premium to the c
O’Neill Hits the Surfer Girl Wave
O'Neill Clothing President Kelly Gibson announced that the brand will add swimwear and girls 7-14 categories to their juniors line as it continues an explosive pattern of growth.
The company reported that junior sales were up 44% in the first quarter
Nautilus Group Appeals Ruling in ICON Action
The Nautilus Group, Inc. announced that it has appealed a ruling by a U.S. District Court in which the Court denied the company's motion for a preliminary injunction and granted partial summary judgment to ICON Health and Fitness, Inc., on the issue
Boyle, Galyan and Burton Inducted into Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame made its inductee presentations Tuesday morning at the 39th Annual NSGA Management Conference and 5th Annual Team Dealer Summit in Phoenix. Gertrude (Gert) Boyle, Chairwoman of the board of Columbia Sportswear; Ja
Wilson Appoints Golf Marketing Team
Wilson Golf & Racquet Sports announced four appointments within the newly restructured division. Mike Boylan will assume total control of premium and recreational clubs as Business Director, Golf Clubs, while Jeff Sernick will remain Business Director, G
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal