Category: Outdoor

Ross Stores Feb Comps Fall 3.0%

March 6, 2003 SGB Update

Ross Stores, Inc. reported sales of $243 million for the four weeks ended March 1, 2003, a 7% increase above the $227 million for the four weeks ended March 2, 2002. Comparable store sales for the four week period fell 3% compared to a 13% increase in sam

Payless February Same-Store Sales Inch Up 0.4%

March 6, 2003 SGB Update

Payless ShoeSource, Inc. reported that same-store sales decreased 0.6% during the February reporting period, the four weeks ended March 1, 2003. Company sales totaled $175.3 million, a 0.4% increase from $174.6 million during fiscal February of last year

May Company February Comps Decrease 8.9%

March 6, 2003 SGB Update

The May Department Stores Company reported preliminary net sales of $846 million for the four-week period ended March 1, 2003, a 7.5% decrease from $914 million in the similar four-week period last year. Store-for-store sales decreased 8.9%…

Costco Fiscal Q2 Profit Shrinks on 8% Sales Gain

March 5, 2003 SGB Update

Costco Wholesale Corporation announced net sales for the second quarter of fiscal 2003 increased 8% to $9.92 billion from $9.21 billion during the second quarter of fiscal 2002. Net income for the second quarter of fiscal 2003 decreased 5% to $182.1 milli

NSGA Report Shows Female Sneaker Purchase Decline

March 5, 2003 SGB Update

Although females continue to lead males as purchasers
of sports footwear, their lead decreased in 2002, according to data released by the National Sporting Goods Association (NSGA). For 2002, females purchased 53.1% of all sport footwear compared to 54.7%

Creditor Takes Lead in Cannondale Bid…

March 3, 2003 SGB Update

Cannondale’s creditors weren’t happy with bankruptcy proceedings on Friday that saw the appointment of one the company’s largest creditors, Pegasus Partners II, as the “stalking horse” in auction proceedings scheduled for March 20, 2003 Company assets…

Deckers Positions Brands for Growth

March 3, 2003 SGB Update

DECK shares were off 5.3% for the week to close at $4.60 on Friday even as the company surpassed analyst’s earnings estimates. Net earnings for the quarter nearly tripled to $1.36 million, compared to $506,000 in the previous year's quarter…

Buffett Walks on Burlington Deal…

March 3, 2003 SGB Update

Berkshire Hathaway, Inc. has cancelled its $579 million cash offer to acquire Burlington Industries, Inc. out of bankruptcy court. The deal, initially announced February 11, 2003, was terminated by Warren Buffett’s BRK after a Delaware bankruptcy judge b

Escalade To Buy Back Stock…

March 3, 2003 SGB Update

Escalade, Inc. will purchase of up to $3 million of its common stock on the open market or through privately negotiated transactions. ESCA’s Board of Directors authorized the buy-back at the company’s quarterly meeting…

Coastcast 2002 Loss Expands 352% as Sales Drop 46%

March 3, 2003 SGB Update

Coastcast Corporation reported sales for the year ended December 31, 2002 were $62.4 million vs. $115.5 million in 2001. The 2002 net loss was $10.4 million vs. a loss of $2.3 million in the prior year. Diluted loss per share was ($1.36) vs. ($0.30).

PacSun February Comps Grow 14.8%

March 3, 2003 SGB Update

Pacific Sunwear of California Inc. reported that same store sales increased 14.8% for the comparable four-week period ended March 1, 2003 with PacSun same store sales up 10% and d.e.m.o. same store sales up 49%…

Nike Rounds Up Support in Free Speech Fight

March 3, 2003 SGB Update

The Bush Administration, the ACLU, the AFL-CIO, European entities, and dozens of media organizations have joined forces in urging the U.S. Supreme Court to reaffirm the First Amendment right to free and open debate and to overturn an unprecedented Califor

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