Buckle Inc. announced that at its quarterly meeting of the Board of Directors, held on December 3, 2021, the Board authorized a $5.65 per share special cash dividend.
Category: Apparel
NRF Economist Predicts Holiday Shopping Could Beat Forecast
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s (NRF) forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, according to NRF Chief Economist Jack Kleinhenz.
Lids Expands Global Footprint With First Stores In Europe
Lids has expanded its international retail presence opening its first brick & mortar retail storefronts. For its European debut, Lids will open four locations in the London metro area.
SquadLocker Partners With rSchoolToday
SquadLocker has been named a service and apparel provider for rSchoolToday, a cloud-based software solution company serving the K-12 market.
PGA Golf Exhibitions Appoints Events Manager
PGA Golf Exhibitions announced that Lisa Langas has joined the PGA Show management team at Reed Exhibitions as the Event Manager.
Hibbett’s Q3 Comps Gain 13 Percent
Hibbett Inc. reported flat earnings in the third quarter ended October 30 as sales grew 15.2 percent against challenging comparisons in the year-ago period. Same-store sales in the third quarter climbed 13.0 percent against a 37.4 percent jump a year ago. Hibbett again raised its full-year guidance as results topped Wall Street’s targets.
Bass Pro And Sportsman’s Warehouse Call Off Merger
Great Outdoors Group, owner of the Bass Pro, Cabels’a and White River Marine Group, and Sportsman’s Warehouse Holdings Inc. have called off their merger deal, according to a regulatory filing on Thursday.
BSN Sports Acquires Illinois’ Winning Streak
BSN Sports, a division of Varsity Brands, announced that it has acquired Winning Streak, Inc. based in Dupo, IL.
Tilly’s Posts Third Consecutive Quarter Of Record Quarterly Sales And EPS
Tilly’s, Inc. reported third-quarter earnings and sales that came in well above guidance. Total comparable sales compared to the pre-pandemic third quarter of fiscal 2019 increased by 27.4 percent.
Zumiez’s Q3 Earnings Expand 5.5 Percent
Zumiez Inc. reported third-quarter earnings grew 5.5 percent as sales advanced 6.8 percent. Earnings marked a record and topped Wall Street targets.
Jordan Brand Chief Marketing Officer Exits
Sean Tresvant, most recently chief marketing officer for Nike’s Jordan Brand, has been named Global Chief Brand Officer for Taco Bell, effective January 10, 2022.
REI Announces New Chief Commercial Officer; Senior Promotions
REI Co-op announced it has hired its first chief commercial officer and is promoting two executives to new leadership positions.
USA Cycling Announces New Slate Of Athlete Representatives To Its Board
USA Cycling announced the election of four new Athlete Representative members to its Board of Directors effective December 1, 2021.
Duluth Holdings Hikes Guidance On Strong Q3
Duluth Holdings Inc., the parent of Duluth Trading, sharply raised its guidance for the year after reporting third-quarter earnings tripled year over year on record margins. Sales gains 7.2 percent.
The Buckle’s Comps Climb 36 Percent
The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended November 27, 2021 increased 36.0 percent from comparable store net sales for the 4-week period ended November 28, 2020.
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