K2 Inc. expects adjusted diluted earnings per share for the full year to be in the range of 87 cents to 88 cents, exceeding K2's previous guidance of 83 cents to 86 cents. GAAP net income is expected to be between $38.0 million and $38.9 million, whi
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Converse Ends Council of Presidents Lawsuit with License
Converse and representatives from the Council of Presidents, which comprises the leadership of nine historic African-American Fraternities and Sororities, ended a trademark infringement suit filed by the Council in 2003 by entering a into a licensing agre
Shoe Carnival Posts 0.9% Q4 Comps Gain
Shoe Carnival, Inc. reported sales for the fourth quarter ended February 3, 2007, increased 8.3% to $177.2 million from $163.6 million for the same quarter last year. Comparable store sales for the thirteen-week period ended January 27, 2007 decreased 0.9
Stein Mart Sees January Slip 1.9%
Stein Mart, Inc. posted a 24.8% increase in sales for fiscal January to $100.1 million from $80.2 million reported for the fiscal month last year. The fifth week of the month added $19.7 million in sales. Comparable store sales for the four weeks period d
Retail Ventures Reports 2.8% January Comps Slump
Retail Ventures, Inc. reported sales for the fiscal month of January increased 6.5% to $874.0 million from $820.5 million last year. The company's same store sales decreased 2.8% for the comparative thirteen week period…
JC Penney January Department Store Comps Up 3.6%
J. C. Penney Company, Inc. saw comparable sales in its department store sales increase 3.6% for the four weeks ended Jan. 27, 2007, above initial expectations for a low-single digit increase and compared with a 2.5% gain last year. Total department store
BJ’s Sees Comps Increase 3.5% in January
BJ's Wholesale Club, Inc. saw an 8.5% increase in fiscal January sales to $724.2 million from $667.7 million last year. On a comparable club basis, January sales increased by 3.5%, including a contribution from sales of gasoline of approximately 0.3%
Dillard’s January Comps Slide 3%
Dillard's, Inc. saw total sales for fiscal January increase 22.8% were $623,556,000 from $507,647,000. Total sales for the four weeks ended January 27, 2007 declined 2% compared to the four weeks ended January 28, 2006. Sales in comparable stores for
Foot Locker Fourth Quarter Sales Slip 0.6%
Foot Locker, Inc. posted a 0.6% decrease in 13-week fourth quarter sales to $1,553 million from $1,564 million in the comparable period last year. For this same 13-week period, comparable store sales decreased 3.4%. For the 52-week period ended January 27
Target Four-Week January Comps Increase 5.1%
Target Corporation saw net retail sales for the five weeks ended February 3, 2007 increase 37.3% to $4.896 billion from $3.566 billion for the four-week period last year. For the fiscal year 2006 (comprised of 53 weeks), comparable-store sales increased 3
Kohl’s January Four-Week Comps Increase 8.7%
Kohl's Corporation saw net sales for the five-week fiscal January increase 46.6% to $991.6 million from $676.4 million in the four-week period last year. On a comparable four-week basis, comparable store sales increased 8.7%…
Ross Stores January Comps Increase 2%
Ross Stores, Inc. saw five-week fiscal January net sales grow 38% to $399 million from $289 million in sales for the four-week period last year. The fifth week of the month added approximately $88 million in sales. Same store sales for the copmarable four
Stage Stores Posts 1.5% Increase in January Comp Sales
Stage Stores, Inc. saw sales for the five-week fiscal January total $99.5 million, up 50.5% from $66.1 million in the four-week fiscal month last year. The company noted that sales for the fifth week in this year's January period totaled $21.4 millio
TJX Four-Week January Comps Increase 4%
The TJX Companies, Inc. saw sales for the four-week period ended January 27, 2007, total $1.0 billion, up 8% over the $0.9 billion achieved during the four-week period ended January 28, 2006. For the 52 weeks ended January 27, 2007, sales reached $17.4 bi
Skechers Denies Alleged Asics Infringement
SKECHERS USA, Inc. stated that it denies all trademark infringement, unfair competition, trademark dilution and false advertising claims filed against it by ASICS America Corporation and ASICS Corporation (Japan) on January 26, 2007 in the U.S. District C