Author: James Hartford

Puma AG Rides Higher Margins to 51% Profit Gain in Q4

February 7, 2005 SGB Update

Puma AG reported that consolidated net sales for the 2004 fourth quarter increased 23.8% on a currency-adjusted basis. In Euro terms, sales were up by 19.9% to €273 million ($354.1 mm). The gross profit margin improved 440 basis points to 51.9%, helping p

K-Swiss Sees Flat EPS Growth in Q4; Sales Up 9.9%

February 3, 2005 SGB Update

K-Swiss Inc. reported that net earnings for the fourth quarter of 2004 increased 79.7% to $15.6 million, or 43 cents per diluted share, compared with $8.7 million, or 23 cents per diluted share, in the prior-year period. Excluding a one-time repatriation

Famous Footwear January Comps Jump 10.8%

February 3, 2005 SGB Executive SGB Update

Brown Shoe Company, Inc. announced that retail sales for Famous Footwear were $64.0 million for the four-week January period ended January 29, 2005, compared to $55.5 million for the comparable period ended January 31, 2004. Same-store sales for the perio

Federated January Comps Decline 0.4%

February 3, 2005 SGB Executive SGB Update

Federated Department Stores, Inc. reported total sales of $809 million for the four weeks ended January 29, 2005, a decrease of 0.5% compared to total sales of $813 million in the same period last year. On a same-store basis, Federated's January sale

Costco January Comps Rise 4.0%; International Jumps 12%

February 3, 2005 SGB Update

Costco Wholesale Corporation reported net sales of $3.67 billion for the four weeks ended January 30, 2005, an increase of 7.0% from $3.43 billion in the same four-week period of the prior fiscal year. Same-store sales rose 3.0% in the U.S. and 12% for t

Wal-Mart Comp Store Sales Up 2.5% in January

February 3, 2005 SGB Update

Wal-Mart Stores, Inc. reported net sales for the four-week ended January 28, 2005 increased 9.0% to $19.8 billion, compared to $18.2 billion in Janaury last year. Wal-Mart Stores comps rose 3.2% on top of a 5.3% increase last year. SAM'S CLUB comps

West Marine January Comps Decrease 5.3%

February 3, 2005 SGB Update

West Marine, Inc. reported that net sales for the five weeks ended January 1, 2005 were $45.7 million, a 14.0% decrease compared to net sales of $53.1 million for the six-week period a year ago. Comparable store net sales for the five weeks ended January

DSW January Comps Jump 13%; Full Year Up 4.8%

February 3, 2005 SGB Executive SGB Update

Retail Ventures, Inc. announced total sales for the four weeks ended January 29, 2005, increased 12.8% to $138.6 million from $122.9 million for the four weeks ended January 31, 2004. The company's same-store sales increased 2.9% for the four week pe

Hibbett Fourth Quarter Comps Increase 5.2%

February 3, 2005 SGB Update

Hibbett Sporting Goods, Inc. reported that net sales for the 13-week period ended January 29, 2005, increased 17.5% to $107.2 million, the first time HIBB has reported quarterly sales over the $100 million mark. The company reported sales of $91.2 million

Golf Equipment Counterfeiters Raided in Southern China

February 3, 2005 SGB Update

Six U.S. golf manufacturers, including the Acushnet Company, Callaway Golf Company, Cleveland Golf, Ping, Nike Golf, and TaylorMade-adidas Golf Company, announced Thursday that another blow has been struck against the illegal manufacture, distribution and

Hilco Affiliate Liquidating Joggers and Campus Crew Stores

February 3, 2005 SGB Update

Inventory liquidation sales have just begun at all 36 Joggers stores and at 10 selected Campus Crew locations. A huge inventory of athletic footwear and apparel is being discounted up to 40% off everyday low value prices. HMR Canada I, Inc., an affiliate

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