The Timberland Company named Brian Moore as VP, global product development for men’s authentic youth. In this role, Brian will be responsible for product design and development for Timberland’s Youth consumer…
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Payless Q3 Net Improves 32% on 5.5% Comps Gain
Payless ShoeSource, Inc. posted diluted earnings per share of 43 cents for the third quarter, up from 32 cents in the year-ago period. The company recorded net earnings of $28.9 million during the quarter, a 32.0% increase from $21.9 million reported one
Timberland Sale Rumors Swirl in the Press…
Wall Street and the business media were all abuzz last week after the Wall Street Journal published a story suggesting that The Timberland Company was exploring strategic options for the company, including a potential sale. Timberland is reportedly valued
But Foot Locker Puts an End to Rumors of Its Own Sale…
Foot Locker, Inc. on Friday put an end to rumors about a sale of the company and even hinted that they had been in the hunt for a few acquisitions themselves. Speculation of the sale of the world’s-largest-athletic-specialty-retailer to a private equity
Foot Locker to Roll Out New Family Footwear Value Format; Raises Guidance…
Foot Locker, Inc. exceeded the upper end of its earnings guidance for the third quarter even though comp store sales came in at the low end of their expectations for the period. But the big news was the revelation last week that the world’s-largest-athle
Dick’s Sporting Goods Beats Q3 Expectations and Raises Guidance on Solid Gains…
Dick's Sporting Goods last week announced that they had beat earnings expectations for the third quarter by a factor of four, posted a comp sales gain of nearly nine percent, raised guidance for the year, and acquired the largest golf specialty retai
Sport-Haley Narrows Fiscal Q1 Loss…
Sport-Haley, Inc. saw the addition of the Top Flite business help add to its top line in the company’s fiscal first quarter, while its established Ben Hogan and Sport Haley brands both saw slight downturns. Nevertheless, the company was able to trim its
True Temper Widens Q3 Loss…
True Temper Sports, Inc. had a difficult third quarter as sales decreased in its golf shaft business, which accounted for approximately 90% of sales. Sales in the quarter decreased 15.8% to $21.5 million from $25.5 million in the year-ago quarter. Golf s
The Buckle Q3 net Up Despite Slip in Comps…
The Buckle, Inc. posted a mid-singles increase in net sales in the third quarter, though comps failed to pass break even after finding the same result last year. Margin gains were cancelled out by mirrored expansion in expenses, but income still managed
Gander Mountain Swings to Profitability in Q3…
Gander Mountain managed to turn its declining comp sales and consistently red bottom line around in the third quarter with a very solid upper-single-digit comp store sales increase and a bottom line that was actually in the black. Management said that mu
Easton Bell Rolls on with Strong Q3 Results…
Easton Bell Sports third quarter sales increased 81.1% to $186.5 million compared to $102.9 million in the year-ago quarter. The large increase was primarily due to $62.8 million in net sales from Easton Sports. Exclude this acquisition from the equation
Hibbett Posts Strong Q3 Despite Margin Hit…
Hibbett Sporting Goods, Inc. posted a strong high-teens increase in net sales in the third quarter, but even management admitted that they were likely a little overworried about comping against strong Katrina related sales last year as the retailer offere
Weak September Slows Q1 Growth at Collegiate Pacific…
Collegiate Pacific Inc. ended its fiscal first quarter with a bang as it closed on the acquisition of Sport Supply Group, Inc. that it had been trying to finalize since July of last year. The acquisition put a bright spot on a quarter end that fizzled in
Shoe Carnival Has Solid Q3 on Non-Athletic Gains…
Shoe Carnival, Inc. saw comp store sales increase 2.9% in the third quarter on top of an 8.3% improvement in the same period last year. Last year’s comps were driven by gains in both athletic and non-athletic, but the gains this year came exclusively out
Zumiez Q3 Margins Hit by New Stores…
Zumiez Inc. saw the cost of new stores, including the acquired Fast Forward business, cut into the bottom line a bit in the third quarter, but nothing to prevent the action sports retailer from posting a double-digit gain there. ZUMZ reported a 43% jump
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