Strategic Investments Paying Dividends For Shoe Carnival

Customer acquisition and retention are at the heart of any retailer’s success, and Shoe Carnival Inc.’s emphasis on each not only drove a strong third-quarter performance but also sparked the Evansville, IN-based company to lift its outlook for the rest of 2019.

Delta Apparel’s Q3 Boosted By Broad-Based Strength

Powered by double-digit growth in both its Delta Group and Salt Life Group segments, Delta Apparel Inc.’s earnings advanced 12.9 percent in the fourth quarter ended September 28 as revenues expanded 16.2 percent. Highlights included a 54 percent hike in DTG2Go’s revenues and the second consecutive quarter of growth for Soffe.

Thule Group To Expand Global Development And Test Center In Sweden

Thule Group announced Friday it is starting a significant expansion of its operations in Hillerstorp, Sweden. New buildings and facilities will be built to make room for an expanded global development and test center. At the same time, the production facility for roof racks is being expanded.

Hibbett Sports Boosts Full-Year Guidance On Q3 Beat

Hibbett Sports Inc raised its full-year outlook after reporting third-quarter profit and sales beat expectations. Earnings were more than double analysts’ targets as the retailer delivered its fourth consecutive quarter of comparable sales growth.

Foot Locker Tops Q3 Analyst Targets, Comps Climb 5.7 Percent

Foot Locker, Inc. reported earnings topped Wall Street’s consensus estimate in the third quarter as same-store sales ran up 5.7 percent. Said Dick Johnson, CEO, “We are pleased with our performance in the quarter, which reflects the success of our strategic focus on building even deeper connections with our customers and further strengthening relationships with our vendors.”

Goat Partners With The Brooklyn Nets

Goat, the sneaker reseller marketplace, has launched an official partnership with the Brooklyn Nets for the 2019-20 season that will include Goat-branded arrival paths for home and away teams, content, signage and more.

As Ski Season Ramps Up, New Industry Landscape Takes Shape

The 2019/20 season begins with a new look and feel across much of the industry—a fresh coat of wax, so to speak—so SGB took a look at the changes that occurred since last spring (or summer for a few lucky resorts and riders). Our winter sports preview touches on the least you need to know about the changing industry landscape—and also says farewell to an industry legend.

Momentous Closes $5 Million Series A Funding Round

Momentous, the performance nutrition company based in Jackson Hole, WY, closed $5 million in Series A funding led by Los Angeles based firm FitLab, an investment fund focused on advancing human performance. Momentous joins a select group of performance brands in the FitLab portfolio, such as Laird Hamilton and Gabrielle Reece’s XPT and leading digital fitness platform Freeletics.

Toms Releases 2019 Impact Report

Toms released its 2019 impact report. The report provides a comprehensive overview of their giving, including 96.5 million lives impacted, since the brand was thirteen years ago

Ross Stores Raises 2019 Outlook After Q3 Beat

Ross Stores, Inc. reported earnings per share for the third quarter ended November 2, 2019 of $1.03, up from $.91 last year and ahead of Wall Street’s consensus estimates of 97 cents a share. Net earnings grew 9.8 percent.