Dillard’s Inc. reported earnings per share of $2.75 for the fiscal fourth quarter ended February 1, down from $3.22 in the year-ago period and shy of Wall Street’s consensus expectation of $3.01.
Author: SGB Media
Modell’s Releases List Of Planned Store Closures
Modell’s Sporting Goods’ list of the 19 stores it plans to close includes nine locations in its hometown of New York City. The retailer initially said it planned to close 24 stores but rent concessions will keep five open.
AAFA Grows Policy And Membership Teams
The American Apparel & Footwear Association (AAFA) announced that it has hired Beth Hughes as vice president, trade & customs policy, and Megan Balkovic as director, membership experience & industry engagement. Both are new positions that expand the association’s policy and membership divisions.
Surf Expo Keeping September Date Despite 2019 Cancellation
Surf Expo on Tuesday said it would keep its show in September in Orlando, FL, despite having to cancel last year’s event because of Hurricane Dorian.
Foot Solutions Acquired By Private Investors
Foot Solutions Inc., a franchisor of custom orthotics and footwear retail locations, announced the acquisition of the business by a group of private investors.
Can Nautilus Catch Its Connected-Fitness Competitors?
On Monday’s fourth-quarter earnings conference call, Nautilus Inc. CEO Jim Barr admitted that the Vancouver, WA-based fitness manufacturer got a late start bringing connected equipment to the marketplace. Despite being late to the category, Nautilus has shifted into high gear and is spinning furiously to gain ground on leaders like Peloton, Echelon and others.
360 Adventure Collective Appoints Stacey Gellert As Executive Director
360 Adventure Collective, (360AC), welcomes Stacey Gellert as its Executive Director. Effective April 1, Gellert will move into the role following the retirement of former director Debbie Motz, who served 30 years with the non-profit.
Macy’s Q4 Exceeds Wall Street’s Target
Macy’s Inc. reported both earnings and sales were down in the fourth quarter but sales were down less than expected and earnings exceeded Wall Street’s consensus target.
Wolverine World Wide Sees Five Percent Growth In Q4
Wolverine World Wide Inc. reported sales rose 4.8 percent in the fourth quarter, boosted by mid-teens revenue growth from Merrell and Sperry and saw earnings top Wall Street’s guidance. For the current year, however, the company provided a soft outlook, citing the negative impact of the coronavirus outbreak.
VF Corp. Again Recognized For Ethics
VF Corp. has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World’s Most Ethical Companies for the fourth consecutive year.
Business Transformation Drives Nautilus To Q4 Beat
Nautilus Inc. on Monday reported earnings per share for the fourth quarter of 12 cents, easily topping Wall Street’s estimates by 26 cents. Revenue of $104.2 million was down 9.7 percent compared to the year-ago quarter, but it topped expectations by $4.4 million.
Timberland Offering To Plant Trees In Exchange For Slower Delivery
Timberland is offering to plant a tree every time an online customer chooses to have their orders delivered in four to eight days versus the standard three days, according to a report from Reuters.
Adidas Partners With Chadron State College
Chadron State College athletics, in conjunction with Lou’s Sporting Goods of Fremont, NE, entered into an agreement with Adidas America Inc. to make Adidas the exclusive brand of athletic products for the department, effective immediately.
GymShark To Open First Pop-Up Store
GymShark, the U.K.-based fitness apparel start-up, announced the opening its first-ever pop-up store in Central London.
The Big Gear Show Unveils Demo Details
The Big Gear Show (BGS), the outdoor industry’s new hard goods-focused trade show set for Salt Lake City this summer, announced Monday that the July 2020 event will start with a demo event at Deer Valley Resort.
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