Canada Goose Widens Loss But Also Expands Product Focus

Shares of Canada Goose Holdings Inc. didn’t take quite the nosedive Wednesday they suffered in May after the previous quarter’s softer profit outlook, but the company’s Q1 2020 performance—most notably margin decline and a widened loss—once again took a toll on its stock. CEO Dani Reiss shed some light on the reasons why in addition to what’s on the horizon for the brand.

Fanatics Partners With German Retailer SportScheck

Licensed sports merchandise company Fanatics has partnered with SportScheck, one of Germany’s leading sporting goods retailers, and signed a deal that will provide sports fans across Germany with access to the most comprehensive range of licensed sports merchandise available in the country.

RVIA Survey Reveals Younger RVers Making Modifications To Rigs

A new survey from the RV Industry Association reveals that it is younger RVers who are choosing to buy the most parts and accessories to make modifications and additions to their vehicles. In addition, two-thirds of surveyed RVers say buying the right parts and accessories to modify their RV enhances their outdoor experiences.

This Month In Sports … 70 Years of Adidas

Adidas turns 70 on August 18. We started in a washroom and conquered the world. And in-between, we have scored big and also, sometimes, struggled to reach our goals. We have done our best for the best. We have improved and grown. Looking ahead to the future, always remembering where we came from. This is […]

Canada Goose Posts Earnings Miss On Robust Revenue Gain

Canada Goose Holdings Inc. on Wednesday announced an adjusted net loss for the fiscal first quarter ended June 2019 of $22.8 million, or 21 cents per basic and diluted share, missing Wall Street’s estimates by 3 cents. Revenue of $71.1 million marked a 59.1 percent jump from the same period a year ago.

Macy’s Lowers Earnings Guidance After Slow Start To Q2

Macy’s Inc. on Wednesday lowered its diluted earnings per share guidance—excluding settlement charges, impairment and other costs—by 20 cents after posting EPS of 28 cents that missed analysts’ estimates by 17 cents. Comp sales growth was flat at 0.2 percent on an owned basis and 0.3 percent on an owned plus licensed basis.

Ross Stores Announces Operational Leadership Changes

Ross Stores Inc. has announced operational leadership changes that the company believes will continue to drive the successful execution of its off-price strategies and maximize management’s ability to deliver ongoing increases in shareholder value.