VF Corp. on Monday announced that Laurel Krueger has been named vice president, General Counsel of Kontoor Brands Inc., the independent, publicly traded company that will result from the previously announced separation of VF’s Jeanswear organization.
Author: SGB Media
Unifi Updates Outlook In Advance of Q2 Earnings Conference Call
Unifi Inc. on Monday announced preliminary financial results for its second fiscal quarter ended December 30, 2018. For Q2, the company expects net sales of approximately $167 million; gross margins of approximately 8.4 percent; operating loss between ($1.5) million and ($0.5) million; loss before income taxes between ($1.5) million and ($0.5) million; and adjusted EBITDA between $4.5 million and $5.5 million.
Shoe Carnival Raises Fiscal Year 2018 Guidance
Shoe Carnival Inc. on Monday updated its sales and earnings guidance for the fiscal year ending February 2, 2019. The company also introduced an outlook for fiscal year 2019.
Skechers Breaks Ground on Corporate Headquarters Expansion
Skechers USA Inc. on Friday broke ground on an expansion of the Skechers Corporate Headquarters that will span several adjacent buildings in Manhattan Beach and Hermosa Beach, CA.
Royal Robbins Makes New Hires To Support Growth
In the wake of significant investments from its new parent company, Royal Robbins is undergoing a brand transformation, bringing aboard 11 key new personnel in the last six months. The company also has opened a new global headquarters in downtown San Francisco, and has moved its distribution operations into a new state-of-the-art distribution facility in Louisville, CO.
Tilly’s Sees 5.8 Percent Increase In Holiday Sales
Tilly’s Inc. said xomparable store net sales, including e-commerce, increased by 5.8 percent for the holiday period compared to an increase of 0.4 percent for last year’s holiday period.
Crocs Raises Fourth-Quarter Revenue Guidance
Crocs now anticipates fourth quarter revenues of $211 to $214 million; prior guidance was $195 to $205 million.
Lululemon Raises Fourth Quarter 2018 Guidance
Lululemon raised its EPS guidance for the fourth quarter and also now expects a total comparable sales increase in the mid-to-high teens on a constant dollar basis.
Genesco’s Q4 Comps Gain 4 Percent
Genesco Inc. reported fourth quarter same-store sales increased 4 percent while reiterating its most recent EPS guidance.
American Hiking Society Calls For Parks To Reopen
The American Hiking Society sent out a statement said the country’s “National Parks and other public lands are suffering” and urged President Trump and lawmakers to end the shutdown.
Columbia Sportswear Tim Boyle Urges White House, Congress To Reopen National Parks
“Make America’s Parks Open Again,” Columbia Sportswear Company’s Tim Boyle pleaded in a full page ad that ran Friday in The Washington Post.
Adidas Terrex Signs Ultrarunner Tom Evans
The Adidas Terrex trail running team named ultrarunner Tom Evans to its roster.
Sun & Ski Sports Promotes Karl Salz To President And Chief Operating Officer
Effective January 1, 2019, Karl Salz has been named president and chief operating officer of Retail Concepts, Inc. The appointment follows another solid year of growth, with Sun & Ski Sports opening a new store in the La Plaza Mall in McAllen, TX, adding to a growing Colorado mountain presence by being the exclusive retailer at the Colorado Ski and Snowboard Expo, and expanding their online inventory to push the retail boundaries of e-commerce offerings.
Philippe And Ashlan Cousteau Partner With Aqua Lung As Global Ocean Ambassadors
Aqua Lung appointed Philippe Cousteau (grandson of Jacques-Yves Cousteau) and his wife Ashlan Gorse Cousteau as the company’s global ocean ambassadors.
Yeti Lifts FY Guidance On Healthy Q4 Results
Yeti Holdings Inc. raised its full-year guidance for earnings and sales after reporting preliminary results for the fourth quarter. Matt Reintjes, CEO, said, “We delivered outstanding performance in all aspects of our business during the fourth quarter and fiscal year 2018.”
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