July kept with the flow of the past couple months at retail as comparable store sales grew in the low-singles for the third month running, this time slightly ahead of the pace. Same store sales grew 2.6% for the month of July, based on a preliminary tally
Category: Sports/Fitness
Newer Stores Slow Comp Growth at Shoe Pavilion in Q2…
Shoe Pavilion, Inc. saw second quarter net sales increase 19.5% to $37.5 million from $31.4 million for the same period last year. Comparable store net sales for the second quarter decreased 1.0% after increasing 3.9% last year. Sales from new stores and
Shoe Pavilion Q2 Comps, Net Income Decrease 1%
Shoe Pavilion, Inc. saw second quarter net sales increase 19.5% to $37.5 million from $31.4 million for the same period last year. Comparable store net sales for the second quarter decreased 1.0%. Sales from new stores and relocated stores contributed $9.
Head Q2 Winter Sports Gains Not Enough to Offset Racquet Softness
Head N.V. saw sales decrease 3.4% for the second quarter to €61.6 million ($83.1 mm). The company posted a net loss for the period of €6.5 million ($8.8 mm), growing 38.3% from a €4.7 million ($5.9 mm) loss in Q2 2006. Winter Sports revenues for the quart
Ross Stores Comps Inch Up 1%
Ross Stores, Inc. reported sales of $450 million for the four weeks ended August 4, a 9% increase over the $414 million in sales during the prior year. Comps gained 1%…
Franklin Sports Named Dir. of Sales, Midwest
Robert Pacanowski has been named Director of Sales, Midwest Region for Franklin Sports, Inc. reporting to VP of Sales –U.S., Joseph Murphy. An industry veteran of over 25 years, Pacanowski has been with Franklin for the past decade. He previously held th
Amer Sports Expects Annual Decrease in EBIT
Amer Sports expects its EBIT for the 2007 fiscal year to decrease from last year's €120.2 million. According to the company, the downturn will result from “the 2006/07 season's uncommonly mild winter, which had a larger-than-anticipated effect o
Asics Sees Q1 FX Rates Boost Bottom Line Growth…
Asics Corporation saw a double-digit first quarter sales increase mirrored in net income growth, despite decreased margins and increased expenses as a result of beneficial currency exchange rates. Global net revenues increased 10.0% to ¥56.84 billion ($47
Aldila Posts Slight Q2 Sales Gain, Exits Hockey Biz…
Aldila posted a slight increase in second quarter net sales as Golf products were relatively flat to last year, but composite prepreg materials were up in the mid-singles. The company announced that it completed production of hockey sticks in the quarter
Gramicci Hires New Sales Agency
Gramicci apparel completed its restructured US sales team with the addition of outdoor industry veteran sales agency YPS Inc.
YPS, with offices in Seattle and Portland, is lead by founder Ned Johnson and his sales team of Steve Plass, Rob Scott, and Kath
Hestra Gloves Names KnS Reps to Cover Rockies
Hestra Gloves, LLC has tapped the team at KnS Reps to cover the Rocky Mountain territory. The rep group consists of Crested Butte resident Kirk Haskell, Front Range specialist Scott Sutton, office manager Tim Cumbo, and on-snow demo expert Bill Mueller.
K2 Settles Litigation Surrounding Jarden Acquisition
K2 Inc. and the City of Roseville Employees' Retirement System agreed to a settlement in principle of the pending litigation in the Superior Court of the State of California brought by the City of Roseville Employees' Retirement System relating
Foot Locker Cuts Q2 Guidance and Explores Strategic Alternatives
Foot Locker initiated several steps during Q2 that are designed to strengthen its business operations. Among those actions are merchandise inventory reduced through aggressive clearance strategy; additional U.S. stores identified for potential early closu
Largest Investor Latest to Take Issue with Everlast Sale…
Shortly following a letter sent by Aquamarine Capital Management to the Everlast Worldwide Board challenging the terms of the company’s sale to Sport Direct, the Board received a letter from the company’s largest independent stockholder, Burlingame Asset
Rocky Brands Q2 Revenues Limp Ahead 2.6%; Loss Expands…
Rocky Brands, Inc.'s Q2 sales increased 2.6% to $58.8 million from $57.3 million. A 16.6% increase in retail revenues offset by a 2.7% decrease in wholesale sales. It also showed a steeper loss due to weaker-than-expected wholesale revenues, increase