Dick’s Sporting Goods reported that net income for the fourth quarter ended January 29 increased 12.1% to $39.9 million, or 75 cents per share, compared to pro forma net income of $35.6 million, or 69 cents per diluted share, for the year-ago period. Pro
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Hibbett Posts First Nine-Figure Quarter…
Hibbett Sporting Goods is also a shining star on the operations front, with store opening expenses figures down to the penny – not just pennies per share — and operational efficiencies that will enable them to service 800 to 1,000 stores from their DC in
The Sports Authority Continues to Struggle with Consolidation of Retail Brands…
The Sports Authority is still finding it difficult to mesh the various retail brands under the umbrella created more than 18 months ago when the old TSA was acquired by Gart Sports, joining that retail brand along with its Oshman’s and Sportmart nameplate
Gander Mountain May Be Starting to Compete with Itself…
Gander Mountain’s fourth quarter was hurt by the abnormally warm weather experienced by much of the country, some unforeseen cannibalization, and an inability to forecast accurate growth rates among its rapidly growing base of large-format retail stores.
Quiksilver Fiscal Q1 Net Income Gets Nice Asia Pacific Lift…
Quiksilver's net revenues for the fiscal first quarter ended January 31 increased 33.6% to $342.9 million, from $256.1 million in the year-ago quarter. Excluding the addition of DC Shoes in the quarter, revenues increased approximately 22.6% for the
adidas-Salomon Sees Q4 Profits Shrink on Weaker Salomon Results…
adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Famous Footwear Again Sets the Pace for Brown Shoe in Q4…
If retail was the NFL, the honors for Coach of the Year would have to go to Famous Footwear president Joe Wood. A strong performance in the fourth quarter ended January 29 was due to two years of investment in the family footwear chain of Brown Shoe Comp
Pacific Cycle Pulls Dorel to Record Year…
Dorel was again able to leverage the acquisition of Pacific Cycle to boost both sales and earnings in the fourth quarter of 2004. Total company sales increased 42.0% during the quarter to $457.4 million, compared to $322.1 million last year. The addition
Shoe Carnival Starts to See the Payoff…
Shoe Carnival, Inc. CEO Mark Lemond is starting to see his team’s strategy start to bear fruit as the family footwear retailer posted solid back-to-back monthly comp store sales gains for the last two months. Net sales for Q4 increased 7.2% to $143.9 mil
DSW Customer Credit Info Stolen…
Retail Ventures, Inc. learned late last week of the theft of credit card and other purchase information from a portion of DSW Shoe Warehouse customers that shopped at 103 DSW stores, primarily during the last three months. Any customer information provide
Thule Shows Solid Q4 Gains…
Thule finished off a strong fourth quarter, its first under new ownership with Candover Partners. Sales for the quarter increased 44.0% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) in 2003. Profitability improved at clos
Orange 21 Sees Some Legal Action…
Orange 21 has reportedly received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. In a press release, Orange 21 stated that upon review of the claims, the company believes them to b
Lotto Takes Over China License…
Lotto Sport Italia reported last week that its previous licensing agreement with Lightening Star Corporation for China, Macau, and Hong Kong has terminated. A new trading company – a subsidiary of Lotto Sport Hong Kong – will control two companies that w
Cutter and Buck Narrows Fiscal Q3 Loss…
Cutter & Buck reported a $523,000 pre-tax loss for its ongoing wholesale business for the fiscal third quarter ended January 31, compared to a pre-tax $40,000 profit in the year-ago period. Management attributed investments in computer systems and expens
Specialty Leads the Alpine Market; Snowboard Looks to Chains for Growth…
According to the SIA Retail Audit, sales for the entire winter sport market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7.
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