Author: Thomas J. Ryan

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

J.C. Penney’s Comps Dip 1.9%

November 4, 2010 SGB Update

J. C. Penney Co., Inc. reported its comparable store sales decreased 1.9% for the four-week period ended Oct. 30, 2010. Geographically, the company's best performing regions were the northeast and southwest regions, as compared to the central and nor

TJX Reports Flat Comps

November 4, 2010 SGB Update

The TJX Companies, Inc. reported sales for the four-week period ended Oct. 30, were $1.8 billion, up 5% over the $1.7 billion achieved a year ago. Consolidated comparable store sales were flat…

Crocs Third-Quarter Profit Climbs 13%

November 4, 2010 SGB Update

Crocs, Inc.'s reported earnings climbed 13.1% in its third quarter, to $25.0 million, or 28 cents per share, from $22.1 million, or 25 cents, a year earlier. Revenue increased 30% to $215.6 million from recurring revenue of $165.7 million a year ago.

Bakers Footwear Q3 Comps Increase 5.9%

November 4, 2010 SGB Update

Bakers Footwear Group, Inc. said sales for the thirteen weeks ended October 30, were $40.6 million, increasing from $39.0 million for the thirteen weeks ended October 31, 2009. Comparable store sales for the third quarter of fiscal 2010 increased 5.9%…

Kenneth Cole Sees Earnings Gains

November 4, 2010 SGB Update

Kenneth Cole Productions reported third-quarter earnings per fully-diluted share were 11 cents a share in the third quarter versus 1 cent in the year-ago period, slightly better than the company's previous guidance of 8 cents to 10 cents per share…

Hanesbrands Prices Senior Notes

November 4, 2010 SGB Update

Hanesbrands Inc., the parent of Champion and Hanes, announced the pricing of its offering of $1 billion in aggregate principal amount of its 6.375% senior notes due Dec. 15, 2020, at par…

Gatorz to Acquire No Fear Retail

November 4, 2010 SGB Update

Gatorz, the performance eyewear company, announced it has received the conditional approval of the TSX Venture Exchange for its previously announced proposed business combination with No Fear Retail Stores, Inc. As of Oct. 31, No Fear operated 53 retail s

Lids Teams Sports to Close Wisconsin Factory

November 3, 2010 SGB Executive

Lids Team Sports, the team dealer division of Genesco Inc., plans to close its factory in DeForest, WI, by Dec. 31, affecting 100 workers. Genesco acquired the factory with its acquisition of Impact Sports in late 2008…

Nielsen Indefinitely Suspends ASR Show

November 3, 2010 SGB Executive

Nielsen Sports Group confirmed its was indefinitely suspending the Action Sports Retailer (ASR) show due to difficult conditions in the industry in a letter VP Andy Tompkins sent to customers Wednesday morning. As it did when it canceled Fly Fisghing Reta

Garmin’s Outdoor/Fitness Revenues Climb 9% in Q3

November 3, 2010 SGB Executive

Garmin Ltd. reported third-quarter revenue in its Outdoor/Fitness segment revenue jumped 9% to $144 million while the segment's operating income grew 28% to $68.1 million. Revenues in its Marine segment inched up 1% to $46 million…

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