Citing weakness at its Lids Sports Group, Genesco Inc. reported earnings on an adjusted basis fell 39.4 percent in the second quarter. It also sharply reduced its EPS guidance for the year due to the Q2 shortfall and continued weakness expected at Lids at
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
DSW Raises 2014 Guidance After Above-Plan Q2
DSW reported second-quarter earnings on an adjusted basis slid 24.7 percent but came in ahead of Wall Street's consensus estimate by 5 cents a share. Excluding items related to its merger with RVI as well as the termination of RVI's pension plan
RSG Appoints Run On! Founder as Advisor
The Running Specialty Group (RSG), the run specialty chain owned by The Finish Line, has appointed Bob Wallace, the former founder of Run On!, as senior adviser, strategic initiatives. The hiring follows a continuing upheavel in RSG’s management…
Tilly’s Traffic Weakness Continues in Q2
Tilly's didn’t offer any surprises in reporting a sharp drop in second-quarter earnings but did when it offered a profit outlook for the current quarter that missed Wall Street's expectations. In the quarter, profits tumbled 70.3 percent t
FIFA and US Soccer Organizations Sued Over Concussion Policies
A class action complaint on behalf of current and former soccer players has been filed against the FIFA, the sport's international governing body, along with other U.S.-based soccer associations, for the alleged failure to adopt effective policies to
Genesco Cuts FY Guidance on Weak Q2
Citing weakness at its Lids Sports Group, Genesco Inc. reported earnings on an adjusted basis fell 39.4 percent in the second quarter. It also sharply reduced its EPS guidance for the year due to continued erosion at Lids for the balance of the year. Comp
Meijer, Skechers Donate 22,500 Pairs of New Shoes to Detroit Area Children
Meijer, Skechers and K.I.D.S./Fashion Delivers teamed up earlier this week to give away 2,000 new BOBS from Skechers shoes to Detroit children in need during a day of fun at the Detroit Zoo…
DSW to Open Stores in Santee, CA and Pittsburgh
DSW Inc. plans to open stores in Santee, CA and Pittsburgh…
Pacific Sunwear Logs Q2 Loss
Pacific Sunwear of California reported that adjusted for special items it showed a loss from continuing operations of $1.8 million, or 3 cents a share, as compared to income from continuing operations of $1.6 million, or 2 cents, for the same period a yea
Brown Shoe’s Q2 Exceeds Expectations
Brown Shoe Company reported net income in the second quarter rose 17.5 percent to $18.1 million, or 41 cents a share, from $15.4 million, or 35 cents, a year earlier. Results exceeded Wall Street's consensus estimate by 6 cents a share. Sales reached
TriggerPoint Launches Campaign to Celebrate 1 Million Units Sales Milestone
TriggerPoint Performance Therapy is gearing up to celebrate a significant company milestone as sales for the Grid foam roller approach the ‘1 million units’ mark. To celebrate the millionth sale, TriggerPoint has is kicking off a “Golden
Team Dealer Market to be Held Again in Charlotte
The 4th Annual Fall Team Dealer Market will be held from Oct. 27 to 28, 2014 at the Sheraton Charlotte Hotel in Charlotte, NC…
Reebok Launches Human Dispatch Service in New York City
On Aug. 28, Reebok is launching its Human Dispatch Service (HDS), offering New Yorkers a chance to win Reebok ZJet shoes through a social media contest…
Tilly’s Q2 Earnings Slide
Tilly’s, Inc. reported earnings slumped 69.8 percent in the second quarter to $1.3 million, or 5 cents a share Results were in line with expectations, “reflecting the continuation of challenging market conditions and the planned reduction in our cle
BRG Sports Sells Easton Hockey to Chartwell Investments
BRG Sports, Inc., formerly Easton-Bell Sports, announced that Chartwell Investments, a New York-based private investment firm, has partnered with senior hockey management to acquire its Easton Hockey business. Terms of the transaction were not disclosed.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal