Dick’s Sporting Goods Inc. raised the company’s outlook for the year after reporting first-quarter earnings that came in well above Wall Street’s consensus target. Same-store sales dipped 2.5 percent.
Author: SGB Media
DSW’s Q1 Earnings Top Wall Street’s Target
DSW Inc. reported first-quarter earnings on an adjusted basis rose 23.4 percent as comparable-store sales rose 2.0 percent. Earnings were two cents higher than Wall Street’s consensus estimate.
Secretary Zinke Announces Members Of The Hunting And Shooting Sports Conservation Council
U.S. Secretary of the Interior Ryan Zinke announced the newly appointed members of the Hunting and Shooting Sports Conservation Council.
Foot Locker And Pensole Open Registration For Annual Design Competition
Pensole Footwear Design Academy, in collaboration with Foot Locker Inc., opened registration for the company’s 2018 edition of “Fueling the Future of Footwear.”
Golf Rounds Tumble In April
According to Golf Datatech, golf rounds played on a national level were down 13.5 percent April 2018 compared to April 2017.
Retail Study Roundup
Studies arrived last week focusing on department store consolidation, Irrelevant promotions, graduation spending, augmented reality’s initial impact on retail, the dynamics of price changes and expectations around unified commerce.
FDRA Spring Survey Shows Even More Footwear Shoppers Heading Online
According to the FDRA’s “Spring 2018 National Shoe Sales Survey,” 35 percent of Americans planned to buy shoes online this spring, up from 31 percent in 2017. Amazon was found to be only increasing dominance as the go-to place for purchasing footwear online.
NRF Disappointed Over China Tariffs
NRF President and CEO Matthew Shay said in a statement, “China’s trade practices raise serious concerns, but job-killing tariffs aren’t the answer. As the U.S. and China prepare for another round of negotiations, we hope the administration has clearly defined objectives and concrete solutions to resolve this trade dispute without tariffs.”
RYU Apparel’s Sales Vault In Q1
RYU (Respect Your Universe) Apparel Inc., the maker of urban athletic apparel, reported revenue in the first quarter of 2018 was Canadian $907,915, 94 percent higher than year-ago levels.
Beyond Coastal … Why Sunscreen Is So Important
Beyond Coastal received top ratings for the seventh consecutive year in the recently published 2018 Environmental Working Group’s (EWG) annual sunscreen guide.
Report: Eddie Bauer, Pacific Sunwear Exploring Merger
Eddie Bauer and Pacific Sunwear, both owned by private-equity firm Golden Gate Capital, could merge in a play that would shrink store count from their combined 700 locations, sources told Reuters.
Grand Opening #5 … Denmark’s New National Park Is Open
Today Denmark will open its fifth, and second largest, national park.
PHIT America Launches National Fundraising And Awareness Campaign
PHIT America is introducing the company’s first National Fundraising & Awareness Campaign, enabling any company, organization, association and employee in the sports and fitness industry to help educate and enlighten the U.S. about the negative side effects of physical inactivity.
Bushnell Adds Competitive Shooter Tiffany Piper
Bushnell, the maker of high-performance optics, announced the signing of Tiffany Piper to Bushnell’s ambassador/shooting Team.
Academy Sports Opens New Store In Matthews, NC
Academy Sports + Outdoors now has 12 stores throughout North Carolina and four in the Charlotte metropolitan area.
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