Dick’s Sporting Goods saw stronger-than-anticipated sales and improved gross margins collaborate to deliver earnings well above previously issued guidance for the second quarter. The addition of Golf Galaxy to the DKS new “family of brands” also pushed sa
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Pacific Sunwear Store Closures Cause Q2 Loss…
Pacific Sunwear of California, Inc. saw continued soft results at its demo and One Thousand Steps concepts offset positive comps growth at the namesake PacSun chain. For the quarter, total transactions were up mid-single digits partially offset by low-sin
Hibbett Sees Q3 Trends Turn Positive; Still Cautious With Annual Outlook…
Hibbett Sporting Goods, Inc. tried to put the past behind them on their quarterly conference call with analysts, describing the first 19 days of the new quarter as a series of dramatic shifts from second quarter trends. For Q3-to-date, calendar comps were
Shoe Carnival Q2 Hurt by Shifting Calendar and Consumer Fashion Direction…
Shoe Carnival, Inc. was the first of the family footwear retailers to report second quarter results and the tone set by the retailer may signal a broader problem for the mid-tier market this fall as some start to worry aloud about the health of the low- t
Rawlings Promotes Two to VP
Rawlings promoted Mike Thompson VP, sports marketing and business development and Jeff Noser to VP, team sales…
Pacific Sunwear Sees Limited Connection on Board
Pacific Sunwear of California, Inc. has added Grace Nichols to its Board of Directors. Ms. Nichols has worked for more than 20 years at Limited Brands, including fourteen years as CEO of Victoria's Secret Stores. Earlier this month, Michael Weiss res
Pacific Sunwear Posts Q2 Loss on demo; One Thousand Steps Charges
Pacific Sunwear of California, Inc. saw second quarter net sales increase 9.7% to $344.2 million from $313.7 million for same period last year. The company recorded a net loss of $10.5 million compared to net income of $9.7 million last year. Charges asso
Danskin Changes Name to Triumph Apparel Corp.
Danskin, Inc. has changed its name to Triumph Apparel Corporation, effective August 2, 2007. Triumph was the Corporation’s name earlier in its 125 year history. The name change was required as part of the sale of its Danskin intellectual property, to Icon
Big Agnes Bowls for Leave No Trace
Big Agnes Inc. raised over $5,000 for Leave No Trace through its 3rd annual Summer Outdoor Retailer event, Big Agnes Bowl-O-Rama…
Fleet Feet Chicago Adds President of Retail
Fleet Feet Sports' Chicago Franchisee has added Paul Scheuerlein as president of retail, reporting to owner and CEO, Dave Zimmer. Scheuerlein, 55, will also be responsible for operations and business development and will serve as the company’s genera
Billabong Posts 24% Fiscal 2007 Sales Growth
Billabong International Limited saw net profit jump 14.6% to A$167.2 million ($131.4 mm) for fiscal 2007, or 19.2% in constant currency terms. Sales revenue climbed 24.1% in constant currency terms (20.1% in reported terms) to A$1.2 billion ($943.1 mm). I
Epic Kayaks Names General Manager
Epic Kayaks Inc. has appointed John Radel as general manager. John will manage day to day operations at Epic's Charleston headquarters including sales, marketing, customer service and flow of orders from production through shipping. With nearly fift
Pacific Brands Sees Acquisitions Boost 2007 Sales
Pacific Brands Limited saw fiscal year net sales increase 12.1% to A$1.82 billion ($1.43 bn) from A$1.62 billion ($1.22 bn) last year. Net profit increased 4.7% to A$106.0 million ($83.3 mm) from A$101.2 million ($75.7 mm) last year. The Outerwear & Sport
Zumiez Q2 Net Income Nearly Doubles on 47% Sales Jump
Zumiez Inc. saw second quarter total net sales jump 47.0% to $82.0 million from $55.8 million last year. The company posted net income for the quarter of $3.1 million or 11 cents per diluted share versus $1.6 million or 6 cents per diluted share in the se
Foot Locker Posts Q2 Net Loss on 7.3% Comps Decline
Foot Locker, Inc. reported a net loss of $18 million, or 12 cents per share, for the second quarter ended August 4, 2007 compared to net income of $14 million, or 9 cents per share, last year. Second quarter sales decreased 1.5%, to $1,283 million this ye
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