TJX Comps Increase 5% in July

The TJX Companies, Inc. reported July 2009 sales results. Sales for the four-week period ended August 1, 2009, were $1.42 billion, up 5% over the $1.36 billion achieved during the four-week period ended August 2, 2008…

Nordstrom Reports July Comps Slide 6.9%

Nordstrom, Inc. reported a decrease in same-store sales for July of 6.9% compared with the same period in fiscal 2008. Preliminary total retail sales were $806 million for the four-week period ended August 1, 2009, a decrease of 4.1 percent compared with

Escalade Sees 20% Drop in Sporting Goods Sales in ’09

Escalade Inc. reported that its Sporting Goods division's net sales declined 19.8% and 16.6% in the second quarter and first half of fiscal 2009 respectively. The company expects Sporting Goods sales to be approximately 20% lower in 2009 compared to

New Balance Details Leather Sourcing Strategy

New Balance released details of its leather sourcing and the Brazilian Amazon biome policy. The statement came after several shoe companies, including adidas, Clarks, Nike and Timberland, have demanded suppliers stop sending them leather from illegal ranc

FGX Intl. Sees Q2 Profits Climb

FGX International, the maker of prescription and sunglasses, reported second-quarter sales increased 12% to $75.1 million from $66.8 million in the second quarter of 2008. Net income from continuing operations increased 54% to $6.1 million, or 27 cents a

Eastern Mountain Sports Lands New Financing

Eastern Mountain Sports said that in order to facilitate future growth, it closed on new financing totaling $50 million. In addition to raising new equity from existing investors, EMS closed on a new, larger senior credit facility led by Wells Fargo Retai

Garmin’s Second Quarter Earnings Slide

Garmin Ltd. reported second-quarter earnings slid 36.% to $161.9 million, or 81 cents a share, from $256.1 million, or $1.19, a year ago. Total revenue of $669 million, down 27% from $912 million in second quarter 2008. Outdoor/Fitness segment revenue dec

OIA: Outdoor Sales Slip 2% in June

Retail sales for all core outdoor stores combined (chain, internet, specialty) dropped 2% compared to last June, moving from $388,5 million to $382.5 million, according to the most recent edition of the Outdoor Industry Association (OIA) Outdoor Topline R