Author: Thomas J. Ryan

2023 ICR: Delta Apparel Still Grappling With Elevated Mass Inventory Levels

2023 ICR: Delta Apparel Still Grappling With Elevated Mass Inventory Levels

Speaking at the 2023 ICR Conference, Delta Apparel Inc. officials said four out of its five primary market channels, including Salt Life and DTG2Go, saw double-digit growth in the fiscal first quarter ended December 31, but elevated inventory levels at the mass channel continue to impact its Delta Direct business to drive a slight sales decline in the fiscal first quarter ended December 31. (Read More)

EXEC Q&A: Jason Brooks, President & CEO, Rocky Brands 

EXEC Q&A: Jason Brooks, President & CEO, Rocky Brands 

Rocky Brands' sales climbed 17.5 percent in the third quarter as the strong appeal for the retailer's wide range of functional, affordable footwear offset inflationary consumer pressures. Jason Brooks, president & CEO, in an interview with SGB Executive, talked about his long run at the family-run business, the acquisition of Honeywell's lifestyle footwear business, and how the company is managing a challenging macroeconomic environment. (Read More)

EXEC: Soccer.com Finds Equity Partner To Accelerate Growth

EXEC: Soccer.com Finds Equity Partner To Accelerate Growth

Sports Endeavors, the parent of Soccer.com, recently sold a majority stake in the company to Seawall Capital. In an interview with SGB Executive, CEO Mike Moylan, shown left above, said the funding is expected to support continued momentum around the sport of soccer that’s expected to reach another inflection point when North America hosts the 2026 World Cup. (Read More)

EXEC Q&A: Ken Hicks, Chairman, President and CEO, Academy Sports + Outdoors

EXEC Q&A: Ken Hicks, Chairman, President and CEO, Academy Sports + Outdoors

Academy Sports + Outdoors last week again raised its earnings outlook for the year as robust merchandise margins elevated its Q3 profits ahead of analyst targets. Ken Hicks, Academy's chairman, president and CEO, discusses the retail chain's continued momentum coming out of the pandemic with SGB Executive, its robust transformation over the last five years and rising promotional pressures.  (Read More)

EXEC Q&A: Eoin Comerford, CEO, Moosejaw

EXEC Q&A: Eoin Comerford, CEO, Moosejaw

Moosejaw is celebrating its 30th anniversary as an irreverent outdoor specialty retailer and its fifth year reimagaining  the outdoor opportunity under the ownership of Walmart. Eoin Comerford, Moosejaw's CEO, discusses with SGB Executive 'Moosejaw Madness' and other keys to the retailer's success, the Walmart acquisition and launch of the Moosejaw More Collection and how inflationary pressures have impacted the business. (Read More)

EXEC: Vista Outdoor Sees Strength In Premium Products Despite Inflationary Pressures

EXEC: Vista Outdoor Sees Strength In Premium Products Despite Inflationary Pressures

Speaking at Morgan Stanley’s Global Consumer & Retail Conference, Chris Metz, Vista Outdoor’s CEO, said the company sees “a bifurcation” in its performance amid inflationary pressures “where the more well-heeled consumers and the more well-heeled products we have—higher-end premium products—are doing better than the entry-level.” (Read More)

EXEC: Johnson Outdoors’ Quarterly Earnings Boosted By Recovery In Fishing

EXEC: Johnson Outdoors’ Quarterly Earnings Boosted By Recovery In Fishing

Johnson Outdoors, Inc. said a strong bounce back in its Fishing segment, due to the easing of supply chain issues, drove an 18.1 percent sales increase and improved profitability in its fiscal fourth quarter ended September 30. Helen Johnson-Leipold, chairman and CEO, told analysts, “Managing the challenging supply chain environment remains a key priority, and we will continue to evaluate all avenues to mitigate cost pressures into the next fiscal year." (Read More)

EXEC: Lululemon’s Shares Decline Sharply On Weak Guidance 

EXEC: Lululemon’s Shares Decline Sharply On Weak Guidance 

Lululemon Athletica, Inc. raised its full-year outlook on robust third-quarter results that surpassed plans, but soft guidance for the fourth quarter sent the stock down about 12 percent Friday in mid-day trading. Speaking to analysts, CEO Calvin McDonald acknowledged a "challenging" environment for sales. The tempered guidance came despite Black Friday ranking as LULU's most profitable for revenue and traffic, driven by worldwide sales. (Read More)

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