Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

Foot Locker’s Q3 Tops Street Estimates

November 20, 2015 SGB Update

Foot Locker Inc. reported that excluding a special charge related to litigation, earnings climbed 17 percent in the third quarter to $141 million, or 20 cents a share. Results exceeded Wall Street's consensus estimate of 94 cents a share. Comparable-

Foot Locker Finds No Weather Woes

November 20, 2015 SGB Update

Led by running lifestyle silhouettes, Foot Locker Inc. reported that excluding a special charge related to litigation, earnings jumped 17 percent in the third quarter to $141 million, or 20 cents a share. Results easily exceeded Wall Street's consens

Perry Ellis Improves Profitability in Q3

November 19, 2015 SGB Update

Perry Ellis International reported a sharp uptick in earnings on an adjusted basis in the third quarter ended Oct. 31 with the help of cost controls. Revenues declined 2.8 percent with growth across its key lifestyle brands of Perry Ellis, Rafaella and Go

Nike Sets $12B Stock Buyback Plan, Hikes Dividend

November 19, 2015 SGB Update

Nike, Inc. said its board of directors approved a new four-year, $12 billion program to repurchase shares of Nike’s Class B common stock. The board also approved a 14 percent increase in the company's quarterly dividend and set a two-for-one st

New Balance Launches 3D Printed Running Shoe

November 19, 2015 SGB Update

New Balance said it will be launching the first running shoe with a 3D printed midsole. Through an exclusive collaboration with 3D Systems and their newly developed elastomeric powder, DuraForm Flex TPU, New Balance has made significant advancements…

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