Category: Outdoor

Rocky Shoes and Boots Completes Gates-Mills Deal

April 21, 2003 SGB Update

Rocky Shoes & Boots, Inc. announced it completed the purchase of GATES, other trademarks and intellectual property, customer orders and relationships, as well as certain assets including finished goods and raw materials inventory from Gates-Mills, Inc…

West Marine Q1 Loss Widens as comps Drop 10%

April 18, 2003 SGB Update

West Marine, Inc. reported net sales for the quarter ended March 29, 2003 of $111.1 million, which includes the net sales of 62 newly acquired BoatU.S. stores, up 14.4% from $97.2 million in 2002. Comparable store net sales decreased 10.2% from 2002. Net

Wolverine Sees Broader Brand Growth as Q1 Profits Rise 16%

April 16, 2003 SGB Update

Wolverine World Wide, Inc. saw first quarter 2003 revenue grow 8.0% to a record $191.5 million compared to the $177.3 million reported for the first quarter of 2002. EPS increased 20.0%, reaching a record $0.18 per share compared to the $0.15 per share r

Footstar Sees Another Finance Exec Exit

April 15, 2003 SGB Update

Footstar, Inc. announced that Kathy Guinnessey, Vice President Finance and Treasurer, has decided to leave the Company effective April 18, 2003 to accept a position at another company. Ms. Guinnessey's responsibilities will be assumed by Stephen R.

Brass Eagle Issues Q1 Warning as Sales Plunge 33%

April 15, 2003 SGB Update

Brass Eagle Inc. expects to report net sales for the first quarter of $13.4 million versus $20.1 million for the same period last year. The Company expects to report diluted earnings per share loss of $0.03 for the first quarter compared to diluted earni

Footstar Athletic March Comps Flat; Footaction Up

April 10, 2003 SGB Update

Footstar, Inc. reported that total sales for the first quarter ended March 29, 2003 decreased 12.9% to $482.1 million. Footstar's comparable store sales for the quarter decreased 5.3%. Comparable store sales at Meldisco decreased 10.9% and comparab

Elder-Beerman March Comps Dip 4.0%

April 10, 2003 SGB Update

Comparable store sales for The Elder-Beerman Stores Corp. decreased 2.9% for the five weeks ended April 5, 2003 compared to the five weeks ended April 6, 2002. Total store sales decreased by 4.0% to $50.8 million versus the same period last year…

Federated March Comps Decrease 6.5%

April 10, 2003 SGB Update

Federated Department Stores, Inc. reported total sales of $1.233 billion for the five weeks ended April 5, 2003. This represents a decrease of 5.9 percent from total sales of $1.309 billion for the same period last year. On a same-store basis, Federated

May Company March Comps Decrease 11.4%

April 10, 2003 SGB Update

The May Department Stores Company reported preliminary net sales of $1.06 billion for the five-week period ended April 5, 2003, a 9.9% decrease from $1.18 billion in the similar period last year. Store-for-store sales decreased 11.4%…

Value City March Comp Store Sales Decreased 4.4%

April 10, 2003 SGB Update

Value City Department Stores, Inc. announced total sales for the five weeks ended April 5, 2003, increased 0.3% to $237.7 million from $237.0 million for the five weeks ended April 6, 2002. The company's same store sales decreased 4.4% for the five

Wal-Mart March Comps Inch Up 0.3%

April 10, 2003 SGB Update

Wal-Mart Stores, Inc. reported net sales for the five-week period ending April 4, 2003, of $23.175 billion, an increase of 7.8% over the $21.489 billion in the similar period in the prior year. Sales for the nine-week period were $41.971 billion, an incr

SGAA Mourns Passing of Al Nicholas

April 10, 2003 SGB Update

Al Nicholas, former SGAA 1993 Lifetime Sales Achievement Award recipient, passed away March 27, 2003, after a long illness. Nicholas, 74, had been in the sporting business since 1969 and opened his rep agency, Nicholas Associates in 1985.

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