Author: Thomas J. Ryan

Tilly’s Q3 Boosted By Graphic Tees

Tilly’s Q3 Boosted By Graphic Tees

Tilly's Inc. reported earnings and same-store sales landed at the top end of guidance in the third quarter and provided an upbeat comp outlook for the fourth quarter.  Said Ed Thomas, CEO, "Despite a slow start to the fourth quarter as a result of a later Thanksgiving this year, Black Friday weekend met our expectations, leaving us optimistic about our opportunity to deliver positive comps in the fourth quarter." (Read More)

Wall Street’s Take On Dick’s Blowout Q3

Wall Street’s Take On Dick’s Blowout Q3

Dick’s Sporting Goods Inc. last week reported third-quarter earnings handily surpassed Wall Street targets and lifted its guidance for the third time this year. A few analysts saw the progress as another sign that the sporting goods chain is well-positioned to drive healthy comps in the years ahead, but a few were still worried about margins and the payoff from ongoing investments. (Read More)

Tariff Talk Heats Up On Q3 Conference Calls

Tariff Talk Heats Up On Q3 Conference Calls

With a fresh round of tariffs arriving on September 1 and another scheduled to land on December 15, tariff-mitigation strategies were again widely discussed by vendors on recent quarterly conference calls. So far, the impact has been minimal with more concerns expressed about 2020. Tariff insights from VF Corp, Under Armour, Nike, Columbia Sportswear, Vista Outdoor, Clarus and more. (Read More)

Vista Outdoor’s Shares Pop On Further Signs Of Stabilization

Vista Outdoor’s Shares Pop On Further Signs Of Stabilization

Vista Outdoor Inc. reported sales slid 7 percent on an organic basis in the second quarter ended September 29 with continuing weakening sales in its ammunition business. Encouragingly, however, earnings marked break-even results on an adjusted basis in, ahead of Wall Street’s targets, and adjusted earnings guidance was maintained for the year. (Read More)

Under Armour’s Q3 Progress Overshadowed By Federal Accounting Probe

Under Armour’s Q3 Progress Overshadowed By Federal Accounting Probe

Under Armour Inc. reported third-quarter earnings that exceeded expectations but shares fell about 19 percent on Monday as the company reduced FY19 revenue guidance and confirmed that it has been under federal investigation for its accounting practices since July 2017. CFO David Bergman said, "We firmly believe that our accounting practices and disclosures were appropriate.” (Read More)

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