Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

National Park Service Celebrates 98th Birthday

August 25, 2014 SGB Update

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

Foot Locker’s Q2 Rides B-Ball’s Comeback

August 23, 2014 SGB Executive SGB Update

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

August 22, 2014 SGB Update

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

August 22, 2014 SGB Update

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

August 22, 2014 SGB Update

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

August 22, 2014 SGB Update

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

Vestis Retail Group Completes Sport Chalet Acquisition

August 22, 2014 SGB Update

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

August 22, 2014 SGB Update

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

August 21, 2014 SGB Update

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

The Buckle’s Q2 Profits Dip

August 21, 2014 SGB Update

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

August 21, 2014 SGB Update

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

August 21, 2014 SGB Update

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

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