Net sales decrease 7.8 percent to $195.7 million with online sales decreasing 4.5 percent
Category: Apparel
Steinmart Posts Q2 Loss on Weaker Margins, Comps Decline
Gross margins fell 720 basis points to 20.8 percent of sales in fiscal Q2 and resulted in a diluted loss per share of 28 cents compared to diluted earnings per share of 6 cents in Q2 2016
Canada Goose Elects Directors
All the nominees for election as directors listed in the company’s management proxy circular were elected by a majority of the votes cast by shareholders present or represented
Report: NFL Teams Lag MLS and NHL In Fan Experience
Major League Soccer or National Hockey League teams perform highest in 10 of the 11 markets included in the just-released J.D. Power 2017 Fan Experience Study, while an NFL team scores lowest in every market.
Urban Outfitters Shares Surge After Besting Q2 Earnings Estimates
Comparable Retail segment net sales, which include the comparable direct-to-consumer channel, decreased 4.9 percent
Target Beats Fiscal Q2 Estimates; Ups Outlook
Second quarter sales increased 1.6 percent to $16.4 billion, reflecting a 1.3 percent comp-store sales increase.
Umbro Unveils Marketing Campaign With Ashlyn Harris
Umbro’s new marketing campaign, shot in Harris’ hometown of Cocoa Beach, FL where she plays for the Orlando Pride of the NSWL, encourages fans to share their passion for the game anywhere, anytime.
TJX Beats Fiscal Q2 Estimates, Raises Annual Outlook
Net sales for the second quarter of Fiscal 2018 increased 6 percent to $8.4 billion and consolidated comparable store sales increased 3 percent on top of last year’s 4 percent increase.
Sportsman’s Warehouse Opens Ninth California Location
Sportsman’s Warehouse is expanding its operations to include a new retail location in Stockton, CA.
Dick’s Sporting Goods Sees Flat Q2 Comps; Shares Fall On Ugly Outlook
Consolidated same-store sales are currently expected to decline in the low single digits in the third quarter
Ironclad Postpones Q2 Report; Updates Outlook
The company now estimates that net sales will be in the range of approximately $20 million to $22 million
Under Armour CEO Resigns From Trump Business Council
Kevin Plank Resigns Exits Trump’s American Manufacturing Council Over Weak Response to Charlottesville Violence
VF Corp. To Acquire Dickies Parent in $820 Million Deal; Raises 2017 Outlook
VF Corp. revenue is now expected to reach $11.85 billion in 2017, up 3.5 percent on a reported basis (up 4.5 percent currency neutral), and includes about a $200 million contribution from Williamson-Dickie.
Polygiene Names Commercial Operations Director For North America
Judd Salvas will be based in Park City, UT and is responsible for managing all commercial activities within North America.
Camping World Lowers Re-Opening Target For Gander Mountain
On its second-quarter conference call, Camping World now says it may reopen as few as 40 former Gander Mountain locations, far short of earlier expectations, due to challenges renegotiating leases. Camping World also confirmed that the re-opened Gander stores will be much smaller than its traditional locations and feature significantly less footwear and apparel.
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