Payless ShoeSource, Inc. saw first quarter net earnings increase 8.1% to $38.9 million, or 59 cents per diluted share, from $36.0 million, or 53 cents per diluted share in the same quarter last year. First quarter 2007 comparable store sales were up 5.0%,
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Payless Sees Newly Hired COO Depart
Payless ShoeSource, Inc. announced in a filing with the SEC that EVP and COO William E. May resigned from the company for personal reasons. May started working with Payless on April 23, just over one month ago, after serving in the same role for Tween Bra
Dunning Golf Adds Rep for Michigan
Dunning Golf has hired Tim Grombala as sales representative for Michigan. An industry veteran with more than 13 years of experience for brands such as Ahead, Bolle, Bushnell Sports Optics, Garb and Serengeti, Grombala is tasked with growing Dunning Golf’s
Perry Ellis Signs Footwear Licenses with ACI Int’l
Perry Ellis International has entered into new licensing agreements with ACI International Inc. to design, manufacture and distribute dress, and casual athletic footwear for the Perry Ellis and Perry Ellis Portfolio brands and to design, manufacture and d
Foot Locker Takes Q1 Hit from Weaker U.S. Stores; Sees Fall Rebound…
Foot Locker, Inc. took a hit to the bottom line in the first quarter, but the world’s-largest-athletic-footwear-retailer is moving quickly to make the adjustments in the business that will help it right-size inventories and increase earnings in the second
Gander Sees Improvements to Q1 Bottom Line…
While Gander Mountain was still unable to post a profit in the first quarter of 2007, the rapidly expanding outdoor retail chain was able to improve its bottom line results for the first time since becoming a public company. This quarter is the first time
Dick’s Sporting Goods Surprises Wall Street with Strong First Quarter…
Dick’s Sporting Goods was able to pull off a strong enough first quarter to hit the high end of its guidance in spite of a “very challenging retail environment” this spring. While some of the increase in the top line was spurred by the inclusion of Golf G
Pacific Sunwear Sees Margin Pressure in April…
Pacific Sunwear of California, Inc. 2007 had a small ray of sunshine fall on its first quarter results as the company’s PacSun concept posted a slight quarter comp sales results. This increase, however, was more than offset by large comp decreases at demo
Hibbett Hurt by Soft Urban Business in Q1, but Calendar Shift Hurts More…
Hibbett Sporting Goods, Inc. saw softness in urban in the first quarter slow overall growth, but a calendar shift that saw the first week of February move into the fiscal fourth quarter while the much softer first week of May moved into Q1 dragged quarter
Shoe Carnival Urban Product Slows Athletic Sales…
After posting their highest quarterly earnings in company history during last year’s first quarter, Shoe Carnival nearly matched that number this year, in spite of a very challenging spring retail environment and declining comparable store sales. Mark Lem
Snow Sports Sales Remain Flat for 2007-’08 Season…
Specialty Snow Sports retailers struggled through a chaotic winter this year with weather impacting hardgoods sales in the East and Midwest and decent, stable weather in much of the Rockies and west-coast. While softgoods sales accelerated to offset part
SylvanSport Taps JDPR for PR Effort
SylvanSport selected Jeff Dezen Public Relations (JDPR) as their Public Relations agency-of-record. JDPR will provide overall brand support, strategic planning, and media relations campaigns in national trade and consumer media channels…
Nike to Once Again Produce Soccer Balls in Pakistan
Nike, Inc. will resume Nike brand soccer ball production in Pakistan with a vendor committed to setting new standards for workers' rights in the industry, the company said in a release. Nike's agreement with its new contract factory, Silver Star
Puma Board Recommends PPR Offer Acceptance
After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for EUR 330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management a
Quiksilver Opens First Company-Owned Store in Canada
Quiksilver opened its first company-owned, full-priced, retail store north of the border in Montreal, Canada. The new store located in downtown Montreal on St. Catherine Street boasts 3200 square feet of retail space and showcases the brand's defini
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