NexCen Brands, Inc. Licensing, royalty and franchise fee revenues totaled $3.9 million for the first quarter. Net loss, which includes income from discontinued operations of $447,000, was ($198,000). The net loss per share calculates to 0 cents. Included
Author: sportsoneauthor
Vecchione Promoted to President at Polartec; Spillane Hired as President of Converse
Polartec, LLC promoted COO Andrew Vecchione to president, assuming leadership from Michael Spillane. Spillane, who has led the Polartec business since July of 2004, has achieved the goal of stabilizing and re-positioning the company as a global, technolog
Head N.V. Q1 Loss Expands on Heavy Winter Sports Sales Declines
Head N.V. first quarter net revenues were down 15.3% to €57.3 million ($75.1 mm) due to slow winter sports sales, which had sales decline by 46.6%. Operating loss increased by €5.1 million ($6.7 mm) to €8.9 million ($11.7 mm), from €3.8 million ($4.6 mm)
The Buckle April Comps Increase 1.8%
The Buckle, Inc. net sales for the four-week fiscal month ended May 5, 2007 increased 7.5% to $34.0 million from net sales of $31.6 million for the prior year four-week fiscal month ended April 29, 2006. Comparable store net sales, for stores open at leas
J. C. Penney April Comps Decline 4.7%
J. C. Penney Company, Inc. total department store sales decreased 2.7% for the four weeks ended May 5, 2007. Comparable department store sales decreased 4.7%, compared to initial guidance for sales to be flat and a 2.6% increase last year.
Nordstrom Comps Increase 3.1% in April
Nordstrom, Inc. reported preliminary sales of $604.0 million for the four-week period ending May 5, 2007, an increase of 3.3% compared to sales of $584.9 million for the four-week period ending April 29, 2006. Same-store sales increased 3.1%.
Gottschalks April Comps Down 5.4%
Gottschalks Inc. same store sales for the month of April 2007 decreased 5.4% from the prior year. Total sales for the month decreased 6.9% to $40.3 million from $43.3 million in April 2006…
The Bon-Ton Stores Comps Drop 13.4% in April
The Bon-Ton Stores, Inc. sales for the four weeks ended May 5, 2007 decreased 13.7%, to $211.9 million, compared to $245.6 million for the prior year period. Bon-Ton and Carson's combined comparable store sales for the four weeks decreased 13.4%. Bon
Federated Comps Miss Guidance and Slip 2.2% in April
Federated Department Stores, Inc. total sales were $1.837 billion for the four weeks ended May 5, 2007, a decrease of 2.1% compared to total sales of $1.875 billion in the same period last year. On a same-store basis, Federated's sales for April were
Dillards April Comps Decline 14%
Dillard's, Inc. sales for the month ended May 5, 2007 were $490.4 million compared to sales for the four weeks ended April 29, 2006 of $562.3 million. Total sales decreased 13% for the four-week period. Sales in comparable stores decreased 14%…
Kohl’s April Comps Fall 10.5%
Kohl's Corporation reported today that sales for the four-week period ended May 5, 2007 decreased 3.8% over the four-week period ended April 29, 2006. On a comparable store basis, sales decreased 10.5%…
Saks April Comps Increase 11.7%
Retailer Saks Incorporated announced that owned sales totaled $281.3 million for the four weeks ended May 5, 2007 compared to $248.7 million for the four weeks ended April 29, 2006, a 13.1% increase. Comparable store sales increased 11.7% for the four-wee
TJX Comps Slip 1.0%
The TJX Companies, Inc. April sales were $1.28 billion, up 2% over the $1.26 billion achieved during the four-week period ended May 6, 2006. For the thirteen weeks ended May 5, 2007, sales reached $4.2 billion, a 7% increase over last year's $3.9 bil
Target Comps Fall 6.1%
Target Corporation net retail sales for the four weeks ended May 5, 2007 decreased 1.8% to $3,903 million from $3,974 million for the four-week period ended April 29, 2006. On this same basis, comparable-store sales decreased 6.1%…
Stage Stores Comps Fall 14.8% in April
Stage Stores, Inc. total sales for the four-week April period beginning April 8, 2007 and ending May 5, 2007 decreased 13.8% to $102.6 million from $119.0 million in the prior year four-week period beginning April 2, 2006 and ending April 29, 2006. Compar