Dick's Sporting Goods Inc. reported earnings jumped 30.6 percent in the second quarter, exceeding its guidance. Excluding restructuring charges in the prior year, earnings rose 11.1 percent. Same store sales for the Dick's Sporting Goods chain i
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Urban Outfitters Q2 Profits Dip
Urban Outfitters Inc. reported earnings dipped slightly in the second quarter, to $66.8 million, or 52 cents a share, from $67.5 million, or 49 cents, a year ago. Comparable Retail segment net sales, which include our comparable direct-to-consumer channel
Fila USA’s Q2 Sales Jump Double-Digits
Fila USA's revenues grew 11.5 percent in the second quarter, to $71.3 million from $63.9 million a year ago, according to the quarterly results of its parent, Fila Korea Ltd. Net earnings in the region improved slightly to $2.38 million from $1.99 mi
Dick’s SG Lifts FY Guidance After Promising Q2
Dick's Sporting Goods Inc. reported stronger-than-expected earnings for its second quarter as sales improved at its namesake locations and declines moderated at Golf Galaxy. Ssid Ed Stack, chairman and CEO, on a conference call with analysts, “We dro
Urban Outfitters Sees Flagship Chain Rebound in Q2
Urban Outfitters Inc. reported earnings dipped slightly in the second quarter but the company noted that its flagship Urban Outfitters chain is continuing to regain momentum…
Feetz Collaborates with Pensole Footwear Academy
Feetz has partnered with Pensole Footwear Design Academy on a four-week master class…
Tracksmith Closes $4.1 Million Series A Funding
Tracksmith, the Boston-based run apparel startup, closed a $4.1 million Series A round funding with Pentland Group, the U.K.-based brand management and retail group…
Adidas Extends Agreement with Indiana
Indiana University Athletics has extended its apparel agreement with Adidas for eight years through 2024. The agreement, signed by all parties, is worth $53.6 million and nearly doubles the annual commitment by Adidas to IU Athletics from $3.7 million to
Dick’s SG Announces Grand Opening Celebration in Chicago
Dick's Sporting Goods will be opening its 26th store in Illinois and 625th store nationwide on Friday, August 28 in Lincoln Park in Chicago…
Phoenix Footwear’s Q2 Revenues Slide
Phoenix Footwear Group Inc., the parent of Trotters and SoftWalk, reported sales from continuing operations for the second quarter increased 4.3 percent to $5.6 million. Net sales for the period decreased 5.0 percent…
L.A. Gear Moves into Children’s Footwear Category
L.A. Gear announced the launch of its Kid's category and kicks off with two styles dubbed the Liquid Gold L.A. Lights and Liquid Berry L.A. Lights. The collection will be initially available at select Shiekh Shoes locations…
Report: Adidas Lands NHL Jersey Contract
Adidas will take over the NHL's uniform provider from sister company, Reebok, starting in the 2016-17 season, according to Canada's TSN.ca. The long-term deal is expected to be finalized in September…
Fila USA’s Q2 Jump Double-Digits
Fila USA's revenues grew 11.5 percent in the second quarter, to $71.3 million from $63.9 million a year ago, according to the quarterly results of its parent, Fila Korea Ltd. Net earnings improved to $2.38 million from $1.99 million…
Bauer Hockey Opens Own The Moment Hockey Experience
Bauer Hockey on Monday celebrated the grand opening of its first-ever Own The Moment Hockey Experience, a 20,000 square foot premium retail store in the Boston suburb of Burlington, MA…
Topo Athletic Receives Funding, Adds Board Seats
Topo Athletic announced the appointment of two new board members and Series B funding from legacy investor Norwest Venture Partners (NVP). Founded by footwear veteran and former Vibram USA CEO, Tony Post, Topo Athletic recently saw 110 percent year-over-y
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