On Aug. 25, the National Park Service celebrated its 98th birthday and, along with the National Park Foundation, began the countdown to its 100th anniversary in 2016 with an entrance fee-free day at all national parks, a host of exciting events across the
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

Foot Locker’s Q2 Rides B-Ball’s Comeback
With a big assist from the sizzling basketball footwear category, Foot Locker Inc. reported second-quarter earnings that handily exceeded Wall Street estimates, helping push the company’s shares past an all-time high. Besides benefiting from its pos
Foot Locker’s Q2 Earnings Soar on 7 Percent Comp Gain
Foot Locker, Inc. reported net income for the company's second quarter ended Aug. 2 jumped 43 percent to $92 million, or 63 cents per share, compared with net income of $66 million, or 44 cents, last year. Second quarter comparable store sales increa
Hibbett’s Q2 Profits Dip
Hibbett Sports, Inc. reported net income slid 20 percent to $8.4 million, or 32 cents a share, compared with $10.5 million, or 40 cents, a year ago. The company had previously projected earnings would range between 30 cents and 32 cents a share. Comparabl

Hibbett’s Q2 Profits Dip, Comps Trending Positive
Hibbett Sports, Inc. reported net income slid 20.0 percent to $8.4 million, or 32 cents a share. Results came in at the high-end its previously projected range between 30 cents and 32 cents provided on Aug. 8. Sales increased 4.1 percent to $193.9 million
Athleta to Reach 100 Stores in 2014
Athleta continues to benefit from the trend toward athleisure and expects to reach 100 stores by the close of the year. Acquired in 2008, the women’s performance apparel brand opened its first door in 2011 and ended 2013 with 65. It had 79 open at t
The Buckle’s Q2 Profits Dip
The Buckle, Inc. reported second-quarter earnings slid 2.3 percent to $24.5 million, or 51 cents a share, missing Wall Street’s consensus estimate of 53 cents a share…
Vestis Retail Group Completes Sport Chalet Acquisition
Vestis Retail Group, owned by funds advised by Versa Capital Management and the owner of Bob's Stores and Eastern Mountain Sports (EMS), completed the acquisition of Sport Chalet, the full-service specialty sporting goods retailer with 50 stores in t
Toms Looks to Boost Growth with Bain Capital Sale
Toms, best known for its one-for-one model that donates a pair of shoes to a needy child for every pair it sells, agreed to sell half of itself to private-equity giant Bain Capital LLC to fund an expansion of its operations in the U.S. and overseas…
Back-to-School Gets Later Start
Recognizing that a number of the best deals of the summer are still to come, some families have only scratched the surface of their back-to-school shopping lists as of mid-August. According to NRF’s latest Back-to-School/College Surveys, the average
NHL Concussion Lawsuits Consolidated
Three lawsuits filed by over 200 retired NHL players over concussion-related injuries have been consolidated and will be heard by a federal judge in Minnesota…
Puma Intends to Acquire Stake in Football Club Borussia Dortmund
Puma said it intends to take a direct stake in Borussia Dortmund KGaA, having sponsored the football club since 2012. By potentially acquiring up to 5 percent of its capital stock through the planned capital increase announced by Borussia Dortmund, Puma s
The Buckle’s Q2 Profits Dip
The Buckle, Inc. reported earnings reached $24.5 million, or 51 cents a share, in the second quarter, slightly down from $25.1 million, or 53 cents, a year ago. Same-store sales eased 0.5 percent from…
Perry Ellis’ Q2 Losses Swell
Perry Ellis International, which owns numerous golf apparel brands as well as Nike Swim, widened its loss in the second quarter ended Aug. 2 to $1.62 million, or 11 cents a share, from $2.83 million, or 19 cents, a year ago. On an adjusted basis, earnings
Crocs Appoints Senior VP of Global Merchandising
Crocs, Inc. announced that footwear industry and product merchant leader Michelle Poole has been appointed as its senior vice president of global merchandising. Prior to joining Crocs, Poole spent five years at Sperry Top-Sider, where she was most recentl