Zumiez Inc. announced that total net sales for the four-week period ended August 4 increased 23 percent to $83 million, compared to $67.5 million for the four-week period ended July 29, 2017.
Author: SGB Media
Sequential Brands Group Hits Q2 Income Target, Beats On Revenue
Sequential Brands Group Inc. reported net income for the second quarter ended June 30 of $7.2 million, or 11 cents per diluted share. Under the company’s previous ASC 605 revenue reporting standard, however, non-GAAP net income for the second quarter 2018 would have been $7.8 million or 12 cents per diluted share, flat compared to second quarter 2017 but hitting the Wall Street target.
Iconix Posts Steep Loss On Mossimo Charge
Iconix Brand Group Inc. reported a loss of $79.4 million in the second quarter after absorbing a write-down for the Mossimo trademark.The company said second quarter results excluding the charge were in line with company’s expectations, although the company now expects earnings to arrive at the lower end of previous guidance.
Wolverine Again Lifts Guidance As Turnaround Gains Momentum
Wolverine World Wide reported second-quarter earning came in well ahead of Wall Street’s targets, helped by healthy growth for Merrell and Sperry and margin gains across brands. The company raised guidance for the year.
Boot Barn Posts Double-Digit Income, Revenue Growth In Q2
Boot Barn Holdings Inc. reported income for the second quarter ended June 30 of $6.8 million, or 24 cents per diluted share, compared to net income of $0.8 million, or 3 cents per diluted share in the prior-year period.
Hydro Flask Raises $79,000 For The Conservation Alliance At Annual Garage Sale
Hydro Flask named The Conservation Alliance the beneficiary of its annual Garage Sale in Bend, OR, hometown for both the company and the organization.
Bogs Resumes Growth For Weyco
Weyco Group reported earnings rose 29 percent in the second quarter due to tax benefits. Sales grew 6 percent with Bogs gaining 4 percent.
Active Ride Shop Giving Away $100,000 To Local High Schools
Active Ride Shop announced a commitment of $100,000 cash to Southern California high schools to help support school athletics.
Camping World’s Q2 Revenues Expand 13 Percent
Camping World reported sales grew 13.0 percent in the second quarter, helped by the launch of Gander RV Sales. Net earning declined in the period due to pre-opening expenses related to the Gander Outdoors store openings but adjusted pro forma net income increased 10.6 percent.
HanesBrands Recognized For Community-Building In Central America And The Caribbean
Forbes magazine has recognized HanesBrands, a socially responsible manufacturer and marketer of leading everyday basic apparel, as one of the most-admired companies in Central America and the Caribbean.
Delta Apparel Appoints New Board Member
Delta Apparel Inc. appointed Anita D. Britt to the company’s board of directors.
Delta Apparel Seeing Benefits From Vertical Manufacturing Model
Delta Apparel said the company’s vertical manufacturing model helped support robust revenue gains at FunTees, the company’s private label apparel business, to drove yet another quarter of earnings and revenue growth. Soffe was stung by declining military sales while Salt Life was down modestly due to poor early-spring weather in the company’s core Southeast market but its sales are re-accelerating in summer months.
Eagle Creek Hires Adams Outdoor Sales For Great Lakes Territory
Eagle Creek has announced a new partnership with Adams Outdoor Sales as representatives for the Great Lakes East territory, including MI, IN, OH and KY, effective immediately.
REI Invests Nearly $645,000 In National Scenic Trails In 2018
In celebration of 50 years of National Scenic Trails, REI Co-op is investing a total of $643,000 in 17 nonprofit organizations dedicated to stewarding and maintaining the country’s 11 National Scenic Trails. REI has supported these efforts for nearly two decades and since 2002 and has invested nearly $3 million in National Scenic Trails.
Crocs Q2 Exceeds Expectations, CFO To Resign
Crocs Inc. reported earnings jumped 68.0 percent in the second quarter on a 4.7 percent revenue gain, exceeding Wall Street’s targets. The footwear maker also announced that its Chief Financial Officer Carrie Teffner will resign next year.
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