Heelys, Inc. reported fourth-quarter sales fell 26.9% to $11.4 million from $15.6 million a year ago. The company reported a net loss of $1.1 million, or 4 cents a share, versus a net loss of $5.2 million, or 19 cents, in the prior year…
Category: Sports/Fitness
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
San Jose Cycling Classic Expected to Draw 20,000
The San Jose Cycling Classic will be held May 15-20 throughout San Jose in conjunction with the upcoming Amgen Tour of California. The week of amatuer and professional cycling events is expected to attract 20,000 spectators, participants and cycling-relat
Genesco Fourth Quarter Gains Driven by Hat World
Genesco Inc.’s fourth quarter earnings rose 12% and exceeded expectations, driven by strong sales at Hat World and its direct-to-consumer catalog and e-commerce businesses combined with higher gross margins and lower expenses…
Famous Footwear Swings to Q4 Profit on Largest Comp Gain in Over a Decade
Famous Footwear’s fourth quarter sales grew 9.7% to $342.7 million, driven by a 9% comp store sales increase that represented its largest quarterly gain in more than a decade…
Foot Locker Inc. Returns to Profitability; Sales Trends Improving
Foot Locker, Inc. reported that 2009 fourth quarter comp store sales decreased 2.3%, dragged down by a mid-double-digit decline at its U.S. store operations…
February Outdoor Sales Mostly Fueled by Snow
Fiscal 2010 started off strong for outdoor and snow sports sales across the country with several positive factors converging to drive consumers into retail shops. While many industry analysts are pointing to the Olympics as a major growth vehicle, it is h
Luxottica Slides in Fourth Quarter, but Oakley Shows Increases
Luxottica, which is the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.15 billion ($1.71 bn) for the 2009 fourth quarter, down 6.4% (4.9% in constant-currency terms) from €1.23 billion ($1.62 bn) in the prior-year perio
OIWC Sees 20 Reg’l Events in 2010
The Outdoor Industry Women’s Coalition, which is dedicated to helping women in the outdoor industry advance their careers, is hosting nearly 20 regional events in 2010 with a focus on six regions that are home to a concentration of outdoor companies
Acushnet to Appeal Tokyo Court Ruling
The Acushnet Co., the parent of Titleist, FootJoy and Cobra, plans to appeal a Tokyo court's decision that its Japanese division infringed on the copyrights of Japan's Bridgestone Sports Company with its Titleist balls…
ICSC: February U.S. Chain Store Sales Much Better Than Expected
The International Council of Shopping Centers reported that U.S. chain store sales in February rose by a strong 3.7% on a comparable store basis, or much better than its expectation. The February showing was the strongest since November 2007 (+4.9%), whic
Costco Sees 5% Comp Increase in February
Costco reported net sales of $5.61 billion for the four weeks ended Feb. 28, 2010, an increase of 11% from $5.06 billion in the same four-week period of the prior fiscal year. Comparable-store sales in the U.S. rose 5%…
Stein Mart Sales and Comps Plunge in February
Off-price fashion merchandiser Stein Mart, Inc. said sales for the four weeks ended Feb. 27 declined 11.4% on a 9.3% decline in comp store sales…
February Comps Inch Up 0.5% at Bon-Ton
The Bon-Ton Stores, Inc. said comparable store sales for the four weeks ended Feb. 27, 2010 increased 0.5%. Total sales for the four weeks decreased 0.1% to $199.9 million compared with $200.2 million for the prior year period…
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