Foot Locker Sees Record Quarterly Profits

Aided by its role as kingpin of the basketball category, Foot Locker Inc. reported its most profitable quarter in its history an athletic company and perhaps its 135-year history. On a conference call with analysts, Ken Hicks, chairman and CEO, noted that

Foot Locker Profit Jumps 17 Percent

Foot Locker, Inc. reported net income for the company's first quarter ended May 3, was $162 million, or $1.10 per share, compared with net income of $138 million, or 90 cents per share, last year. Wall Street's consensus estimate had been $1.06

Perry Ellis’ Q1 Tops Estimates

Perry Ellis International reported earnings fell 31.3 percent in the first quarter, to $7.8 million, or 52 cents a share, but came in well above Wall Street's consensus estimates. The company said it saw improving gross margins and strength in golf l

Adidas Reorganizing Basketball Leadership

Lawrence Norman, former vice president of Adidas Global Basketball, has been named Adidas South Europe managing director. Zion Armstrong, formerly managing director of Adidas Group South Korea, was appointed Adidas Brand director in North America…

Pony Signs Licensing Deal with ALandSA

AL&SA (Anthony L&S Athletics) in partnership with Samsung North America announced the signing of a new agreement with Symphony Holdings that grants AL&SA an exclusive perpetual license for Pony North America. Pony also plans to open its first retail conce

Two Ten Footwear Holding Annual New York Golf Tournament

Two Ten Footwear Foundation held its Annual New York Golf Tournament on Monday, May 19, 2014 at the beautiful Alpine Country Club in Demarest, NJ. Funds raised before and during the tournament will help footwear families during times of pressing need…

Shoe Carnival’s Q1 Comps Slip

Shoe Carnival, Inc. reported net earnings for the first quarter declined slightly to $9.2 million, or 45 cents per share, from $9.5 million, or 47 cents, per diluted share. Sales reached $235.8 million a 1.5 percent increase…

Zumiez Posts Flat Q1 Earnings

Zumiez Inc. reported total net sales for the first quarter ended May 3, increased 9.7 percent to $162.9 million from $148.5 million in the first quarter ended May 4. Comparable sales increased 1.8 percent…

Ross Stores Q1 Earning Expand Slightly

Ross Stores, Inc. reported earnings per share for the 13 weeks ended May 3, 2014 of $1.15, up from $1.07 for the 13 weeks ended May 4, 2013. These results represent a 7 percent increase on top of 15 percent and 26 percent gains in the first quarters of 20