Shoe Carnival’s Q2 Boosted by Higher Margins

Boosted by higher merchandise margins and lower advertising expenses, Shoe Carnival Inc.’s earnings vaulted 86.4 percent in the second quarter, to $4.8 million, or 24 cents a share.
On a conference call with analysts, Cliff Sifford, president, CEO

Finish Line Seeks to Expand Headquarters

The Finish Line Inc. plans to spend $1.3 million to add new equipment and create 100 jobs at its Indianapolis headquarters and distribution facility, according to Indiana Business Journal. The company disclosed the tax-abatement request the city released

Genesco’s Q2 Profits Leap

Genesco Inc. reported second-quarter earnings climbed 58.3 percent to $7.6 million, or 32 cents per share, easily exceeding Wall Street's consensus target. Overall comparable sales increased 7 percent, with gains of 4 percent in the Journeys Group,

OBIT: L.L.Bean’s Leon Gorman

Leon Gorman, the 80-year old grandson of L.L.Bean and longtime CEO of the company, died Thursday at his home in Yarmouth, ME. He was president and CEO from 1967 to 2001, chairman from 2001 to 2013, and chairman emeritus from 2013 until his death…

Golf Rounds Played Slip in July

Golf rounds played were down 0.3 percent in July 2015 compared to July 2014, according to Golf Datatech. Regional gains came the Pacific, up 5.1 percent; New England, 5.4 percent…

STX Partners with University of Virginia

Baltimore-based STX, LLC signed a five-year agreement with the University of Virginia (UVA) to be the exclusive official equipment supplier of the school’s women’s lacrosse program…

G-III Apparel Profits Double in Q2

G-III Apparel Group, Ltd., makers of fan apparel, reported second quarter earnings doubled to $12.4 million, or 27 cents a share, from $6.2 million, or 14 cents, a year ago. Driven by robust wholesale and retail performance, sales increased 12 percent to

Scopecoat Under New Ownership

Scopecoat LLC, makers of patented protective covers for sporting, combat, law enforcement, tactical optics, is now under the ownership of Terry Naughton, a 15-year veteran of the shooting sports and tactical industries…