Stein Mart, Inc. announced total sales increased to $105.3 million, up 7.2% from 2004, and comparable store sales rose 6.2% for the fiscal period ended February 26, 2005…
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Feb Comps Increase 6% for Ross; Sales Jump 17%
Ross Stores, Inc. reported sales of $311 million for the four weeks ended February 26, 2005, a 17% increase above the $266 million for the four weeks ended February 28, 2004. Comparable store sales for the month increased 6% over the prior year period…
Costco Posts 7% Increase in Same-Store Results for February on a 9% Raise in Sales
Costco Wholesale Corporation announced its operating results for the second quarter (12 weeks) and first half (24 weeks) of fiscal 2005, both ended February 13, 2005.
Net sales for the second quarter of fiscal 2005 increased 10% to $12.41 billion from $1
Ashworth Drives Revenues Up 33.6%; But Income Can’t Match Year-Ago
Ashworth, Inc. reported that consolidated net revenue for the first quarter ended January 31 increased 33.6% to $36.5 million as compared to $27.3 million for the first quarter of 2004. ASHW reported consolidated Q1 net income of $83,000, or one cent per
The Par Shop Wins Mizuno’s Fitter of the Year Award
Each year, Mizuno recognizes select customer accounts for their outstanding commitment to Mizuno’s custom fitting program. For 2004, Mizuno’s Fitter of the Year is The Par Shop in Menominee, Michigan. Regional winners include: Golfing By Design, Sanford
K2 Sees Net Sales Jump 75% for Q4; Up 67% for Year
K2 Inc. reported net sales for the fourth quarter ended December 31, 2004 of $338.9 million, an increase of 75% from $193.8 million in the prior year, and diluted earnings per share of 18 cents, a 157% increase over the fourth quarter of 2003. Operating i
There’s Still a Little Magic Left in Trade Shows…
After spending most of the last two months in an airplane or at trade shows (and far too much time in Las Vegas), it only seemed appropriate for Sports Executive Weekly to take an overall look at the market for 2005 and offer up a humble assessment of the
Russell Gets Back to Organic Growth in Q4; 2005 to See New Brand Upside…
Russell Corporation turned the corner on organic growth in the fourth quarter, posting a 3% increase in revenues for the period when excluding the impact of acquisitions on quarterly sales figures. Including the acquisitions over the past year, fourth qu
Skechers’ Solid 2004 Results May Point to Turnaround…
Skechers USA looks to be heading in the right direction after posting a sold fourth quarter that benefited from fewer markdowns and close-outs that drove up average selling prices in footwear, as well as tighter controls on everything from selling expense
Bob’s Stores in Makeover Mode…
Bob's Stores finished its first full year under the TJX umbrella with $291 million in sales, a $17 million operating loss and only one net new store, bringing the total number of doors to 32 at year-end. Management said the performance of the divisi
Deckers Gets Some Nice Oomph! from UGG to Blow Away Q4 Street Estimates…
Deckers trounced every Wall Street forecast for the fourth quarter, due in most part to greater-than-expected deliveries in December, a very strong showing from its UGG brand, higher direct Internet sales, and less close-out business. The company posted
This Mailman’s Looking for His Pension…
The Los Angeles Times is reporting that Karl Malone has brought a suit against Dada Footwear claiming the Los Angeles shoe maker failed to pay him the $65,000 he was owed from an endorsement contract…
Eddie Bauer will Become Independent, Public Company…
Spiegel, the bankrupt parent company to Eddie Bauer, has filed a reorganization plan with the U.S. Bankruptcy Court that would give the company’s unsecured creditors, excluding Spiegel Holdings, Inc. and its affiliates, approximately 90% of their claims t
Sport Haley Close Outs Cause Net Loss in Fiscal Q2…
Heavy markdowns and close-out sales boosted revenues at Sport-Haley by 5.0% to $5.0 million during the company’s second fiscal quarter, compared to $4.8 million last year. Gross profit margin fell nearly 30 full percentage points to 9.2% of sales compared
Eggers to Re-Open 20 TAF Locations…
Athletic footwear and apparel industry veteran Chuck Eggers is forming a team to enable 20 Athlete’s Foot stores to rise from the ashes of the former parent company’s bankruptcy. Eggers, who was most recently EVP/GMM for The Athlete’s Foot, LLC prior to t
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