In an interview with Italy's financial daily Il Sole 24 Ore, Andrea Guerra, CEO of Luxottica Group S.p.A., commented that fiscal year 2007 will be another record year for the Group. Mr. Guerra indicated that Luxottica will close the year with nearly
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
NSGA: Athletic Footwear ASP Rises 2.1% in 2007
According to preliminary data from the NSGA's “Sporting Goods Market in 2008,” the average price point for athletic footwear in 2007 rose 2.1% to $43.03 from 2006. In 2006, the average price rose to $42.16 (+3.4%) from $40.78 in 2005…
Sport Chalet Expects Q3 Loss on Comps Decline
Sport Chalet, Inc. announced that it expects sales to rise only 1.1% for the fiscal third quarter ended Dec. 30 to $116.0 million from $114.7 million in the year-ago quarter. Comparable store sales for the third quarter are expected to decline approximate
Costco Sees 7% December Comps Improvement
Costco Wholesale Corporation reported net sales of $7.55 billion for the month of December, an increase of 10% from $6.84 billion in the same five-week period last year. Comparable store sales increased 7% for the month, with a 5% increase in U.S. comps..
Forzani Holiday Sales Jump on Athlete’s World Acquisition, Promotions
The Forzani Group Ltd. reported that total sales for the ten week Holiday period increased 21.3% versus the same period in 2006. Sales were buoyed by the acquired Athlete's World business as, without those sales, total retail system sales were up 14.
Big 5 Q4 Comps Down 4.7%; Lowers Guidance
Big 5 Sporting Goods Corporation saw net sales slip 1.0% to $232.1 million for Q4 from $234.5 million last year. Fourth quarter same store sales declined 4.7%. The company said results were impacted by a “significant deterioration in the performance of th
Pacific Sunwear Posts 2.8% December Comps Decrease
Pacific Sunwear of California, Inc. reported total company sales for fiscal December increased slightly to $234.6 million from $233.5 million last year. PacSun sales increased 4.0% to $213.6 million from $205.4 million last year. By concept, PacSun same-s
BJ’s Sees December Comps Increase 3.0%
BJ’s Wholesale Club, Inc. recorded a 6.2% increase in fiscal December net sales to $1.03 billion from $971.8 million in December 2006. On a comparable club basis, sales increased by 3.0% for the month of December, including a contribution from sales of ga
Dillard’s Posts 5% December Comps Decline
Dillard’s, Inc. saw a 5% decline in both overall and comparable store sales for fiscal December. Net sales totaled $1.17 billion, down from $1.22 billion for the year-ago month. Sales for the combined November and December period, the nine weeks ended Jan
The Buckle Posts Strong 18.7% December Comps Jump
The Buckle, Inc. saw fiscal December sales jump 22.3% to $108.5 million from net sales of $88.8 million for the prior year period. Comparable store net sales, for stores open at least one year, increased 18.7%. On a same-week basis, the company said total
TJX Co.’s December Comps Increase 3.0%
The TJX Companies, Inc. reported December sales grew 6.0% to $2.5 billion from $2.3 billion for the year-ago month. For the 48 week, year-to-date period, sales reached $17.5 billion, a 7% increase over last year’s $16.4 billion. Consolidated comparable st
J.C. Penney Sees December Comps Decline 7.5%
J. C. Penney Company, Inc. comparable department store sales decreased 7.5% for fiscal December, compared with guidance for a mid-single digit decrease and a 2.6% increase in last year’s December period. Total department store sales decreased 4.5% for the
Neiman Marcus Sees 2.9% Rise in December Comps
Neiman Marcus, Inc. recorded a 4.9% increase in total revenues for fiscal December to $723 million from $689 million for the same fiscal month last year. Comparable store sales increased 2.9% for the month…
Ogio Adds Six Reps to Golf Sales Force
Ogio has added six new sales representatives to its Golf sales force. Tom Plungis will cover Arizona, New Mexico, and Las Vegas territories; Brian Sparrow, North and South Carolina; Mack Carneal, western and central Florida; Hunter Martin, Virginia, Delaw
Access Distribution Acquires Capix
Access Distribution has acquired the Capix brand, in the process hiring Jody Carlson as brand manager for Capix. Jody Carlson brings over 12 years of experience and knowledge in the action sports business to the new role…
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