Category: Outdoor

Best Buy Co. Inc. appointed Steve Rendle, chairman, president and CEO of VF Corp., to its board of directors.

Urban Outfitters Inc. reported total company net sales for the three months ended January 31 decreased 6.9 percent over the same period last year to $1.09 billion. Comparable Retail segment net sales decreased 7 percent.

Ross Stores Inc. reported earnings fell 47.8 percent in the fourth quarter as same-store sales declined 6 percent. The off-pricer said an upsurge of the virus resulted in lower traffic, especially in California, its largest state.

Big 5 Sporting Goods Corp. reported a significant hike in earnings in the year ended January 3 as same-store sales jumped 10.5 percent. The sporting goods chain also hiked its dividend by 50 percent and predicted same-store in the first quarter would climb approximately 20 percent.

Globe International Limited, based in Melbourne, reported a significant increase in sales and profitability in the first half ended December 31. The company’s four brands, Impala, FXD, Globe and Salty Crew, all grew.

Target Corp. reported adjusted EPS in the fourth quarter improved 58.0 percent to $2.67 from $1.69 a year ago and ahead of Wall Street’s consensus estimate of $2.49. Same-store sales grew 6.9 percent.

Macy’s Inc. announced changes to its senior leadership team, including the exit of its COO and a new CIO and head of real estate.

Nike Inc. announced that Ann Hebert, vice president and general manager, North America geography, has departed from the company, effective today, March 1.

Compass Diversified (CODI) said it intends to commence an offering of $750 million of senior unsecured notes due 2029 in a private offering.


Dick’s Sporting Goods will expand its footprint with the opening of three Dick’s Sporting Goods locations and one Warehouse Sale location in March.