Tilly’s Inc. on Wednesday reported net income for the second quarter ended August 4 of $9.7 million, or 33 cents per diluted share, compared to a net loss of $0.6 million, or 2 cents per share, the same quarter a year ago.
Author: SGB Media
Outdoor Retailer Winter Market Debuts In November
Outdoor Retailer, the largest U.S. tradeshow and premier business event for the outdoor industry, will launch the winter season this November at Outdoor Retailer Winter Market in Denver.
Ikon Pass Expands Regional Access Into Pacific Northwest, Midwest, Northeast
The Ikon Pass community has expanded to all corners of the country with the addition of The Summit at Snoqualmie in Washington, Cypress Mountain in British Columbia and Boyne Highlands and Boyne Mountain in Michigan.
CrossFit And Reebok Settle Licensing Dispute
While the details of the settlement remain confidential, the settlement includes a payment to CrossFit for disputed royalties. Reebok will continue its Crossfit partnership.
Fathead Teams Up To Launch New Line Of Esports Merchandise
Fathead LLC, best-known for its officially licensed, life-size wall graphics of professional athletes and team logos, announced the addition of the Golden Guardians, the North American League of Legends Championship Series (NA LCS) affiliate team of the Golden State Warriors, to the company’s inaugural line of esports team merchandise.
Nordstrom Announces Brad Smith As Chairman Of Board Of Directors
Seattle-based Nordstrom Inc. announced director Brad Smith will take on the additional role of chairman of the company’s board of directors, effective November 1.
Garmin Acquires FltPlan.com
Garmin Ltd. announced the company has acquired Flight Plan LLC (FltPlan), a privately held provider of electronic flight planning, scheduling, and trip support services, including the popular website FltPlan.com and mobile application FltPlan Go.
Golf Rounds Played Slide In July
According to Golf Datatech, golf rounds played in the U.S. were down 1.6 percent in July.
Dick’s Q2 Misses Sales Estimates
Dick’s Sporting Goods reported a modest gain in profits that easily topped Wall Street’s targets, but sales came in lower than plans due to the company’s decision to exit some hunt and electronics categories and “significant declines” at Under Armour. Dick’s lifted earnings guidance but lowered the company’s comp guidance for the year.
NBA To Remove Restrictions On Sneaker Colors
The National Basketball Association (NBA) is removing color restrictions on players’ sneakers for the first time in league history, according to ESPN.
Shoe Carnival Q2 Handily Tops Targets
Shoe Carnival Inc. sharply raised its full-year guidance after reporting earnings tripled in the second quarter. Same-store sales ran up 6.7 percent.
DSW Delivers Blowout Q2
Boosted by robust seasonal, athleisure and kids sales, DSW Inc. reported second-quarter results that came in well-above expectations and hiked its guidance for the year. The launch of VIP rewards along with digital marketing investments in particular drove traffic to both DSW’s warehouses and website.
Black Diamond Sends Walmart Cease And Desist Letter
Black Diamond Equipment, Ltd. sent Walmart a cease and desist notice in response to news Monday announcing the launch of a new outdoor website on Walmart.com curated by Moosejaw. In response, Wal-Mart in a statement said it feels the Premium Outdoor site will be a “really positive development” for the outdoor community and Wal-Mart and Moosejaw will continue to seek out brands that “share our commitment to driving a truly inclusive outdoor industry.”
Garmont Expands North American Sales Team
Garmont expanded its sales team with the addition of the Outside Group and JCA Sales.
Merrell Names Adam Craig VP Sales, U.S.
Merrell announced the appointment of Adam Craig to the position of vice president of sales, U.S. For the last 20 years, Craig has been with Columbia Sportswear in various sales roles. Since 2013, he served as the director of U.S. sales for Columbia Footwear.
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