Costco Sees Fiscal Q3 Earnings Miss

Costco Wholesale Corp. reported earnings in the fiscal third quarter ended May 7 that missed analysts’ expectations. Same-store sales excluding the impacts of changes in gasoline prices and foreign exchange were up 3.5 percent.

Hibbett Reduces Full-Year Guidance On Q1 Miss

Hibbett, Inc. reported weaker-than-expected fiscal first-quarter earnings and narrowed its full-year guidance to reflect a more cautious consumer outlook. Mike Longo, President and Chief Executive Officer, “”Our consumers are facing a number of headwinds that range from inflation to concerns over outright job loss.”

Kavu Marks 30 year Anniversary With Sandal Launch

Kavu, the Seattle, WA-based apparel brand, is celebrating its 30th anniversary as an independent, privately-owned business this year with the launch of a new footwear line. “In the same way that other outdoor industry icons have designed technical climbing gear or backcountry ski gear to support their passions, Kavu founder Barry Barr has poured himself […]

Fox Factory Welcomes New CFO

Fox Factory Holding Corp. named Dennis Schemm as chief financial officer, effective June 12. Schemm succeeds interim CFO Maggie Torres, who will retire when Schemm assumes the role.

Athleta’s Q1 Revenues Slide 11 Percent

Gap Inc. reported net sales at its Athleta women’s activewear chain fell 11 percent in the first quarter to $321 million. Gap said Athleta’s sales “were impacted by continued product acceptance challenges.”

Lolë Acquires Époque Évolution

Lolë, the Montreal-based activewear and outerwear brand, reported it acquired Époque Évolution a sustainability-focused women’s apparel brand based in San Anselmo, CA.