Athleta Nearly Hits $1 Billion Milestone In 2019

Athleta’s revenues were up “just shy” of $1 billion with growth of 12 percent on the top-line and low-double-digit in earnings, Teri List-Stoll, GAP’s’ EVP and CFO, said on the company’s fourth-quarter conference call. Another 20 stores are expected to open in 2020.

Kohl’s Postpones Investor Day Due To Coronavirus Spread

Kohl’s Corp. in a regulatory filing that it will postpone its investor day planned for Monday, March 16, as a coronavirus precaution. The retailer also noted that its certain categories “most affected by the virus” although it didn’t identify those categories.

Tilly’s Q4 Earnings Slump

Tilly’s Inc. said a higher-than-expected decline in store traffic and comparable sales during the second and third weeks of December resulted in a disappointing fourth quarter.

Zumiez Q4 Earnings Jump 28 Percent

Zumiez Inc. reported fourth-quarter earnings rose 28.0 percent and topped Wall Street’s targets. Same-store sales increased 6.4 percent and grew 5.8 percent in February.

Famous-Footwear’s Parent Sees Q4 Miss Plan

Caleres Inc., the parent of Famous Footwear, reported fourth-quarter earnings came in below plan and said it expects headwinds between 15 cents to 20 cents in the first quarter tied to the coronavirus outbreak. Famous Footwear’s comps were up 5.1 percent in the fourth quarter.

Running Races Suspended Or Cancelled

The NYC Half Marathon and New Balance Indoor Nationals, both scheduled for this weekend, have been canceled while the Spartan Race in San Luis Obispo, CA, also set to take place this weekend, has been postponed.