SGB Executive Outdoor
Sport Supply Group Reports 4.1% Q3 Sales Growth
Sport Supply Group, Inc. reported net sales increased 4.1% to $65.8 million for the fiscal third quarter ending March 31, 2008. Gross margin increased 50 basis points to 36.6% of net sales for the quarter, which helped boost net income 94% to $3.4 million
Gildan to Miss Earlier Q2 Guidance
Gildan Activewear Inc. expects to report adjusted diluted EPS of approximately 35 cents for its second quarter ended March 30, 2008, up 13% from last year, but down from early guidance. The company had previously projected EPS of approximately 42 cents fo
K-Swiss Posts Q1 Sales and Earnings Declines
K•Swiss Inc. reported a 60.5% drop in first quarter net earnings $7.1 million from $18.0 million for the year-ago period. In diluted earnings per share terms, earnings decline to 20 cents from 51 cents last year. For the first quarter of 2008, total world
Under Armour Q1 Net Income Plummets on Marketing Expenses
Under Armour, Inc. recorded a 26.6% jump in first quarter net revenues to $157.3 million from $124.3 for the year-ago quarter. However, first quarter net income declined 70.7% to $2.9 million compared to $9.9 million in the same period of 2007 due to lowe
Rocky Reaches Settlement in Case Against Former VP
Rocky Brands, Inc. has reached a settlement in its case against a former VP whom the company claims was attempting to copy some of its most popular shoes. The terms of the settlement involving Defendants Glen Bratcher, Westwood Footwear and Accessories LL
Amer Sports First Quarter Slowed by Currency Conversions
Amer Sports reported a 4.9% decline in first quarter net sales to €363.0 million ($543.7 mm). The company said it was particularly affected by the weakening of the U.S. dollar as sales increased 2% when measured in local currencies. Winter and Outdoor sal
Mammoth Energy Acquires Sport Technology
Mammoth Energy Group, Inc. said it recently finalized a Letter of Intent (LOI) to acquire Sport Technology, Inc., a maker of action sports and sport technology products. In addition to the Flowboard, Sport Technology also produces gear and accessories, sp
Hanesbrands Q1 Sales Drops 5%
Hanesbrands Inc., the parent of Hanes and Champion, reported first quarter sales decreased by 5% to $987.8 million from $1.04 billion, reflective of conditions in the retail marketplace. Excluding restructuring actions, earnings per diluted share increase
Wal-Mart Sees March Comps Increase 1.1%
Wal-Mart Stores, Inc. reported that total company net sales increased 7.9% to 36.97 billion for the five-week fiscal March from $34.26 billion last year. Net sales at Wal-Mart Stores increased 5.0% to $23.21 billion from $22.12 billion for the year-ago mo
PacSun Revenues and Comps Decline 8% in March
Pacific Sunwear of California, Inc. said total sales from it's PacSun division for the five weeks ended April 5, 2008 were $115.3 million, down 8% from division sales of $125.0 million during the same period last year. PacSun same-store sales decreas
Buckle Same-Store Sales Jump 20.9% in March
The Buckle, Inc. saw March comps jump 20.9% over the year-ago period. Net sales for the five-week fiscal month ended April 5, 2008 increased 28.7% to $63.6 million from net sales of $49.4 million last year…
Costco March Comps Jump 11%
Costco Wholesale Corporation reported net sales of $6.57 billion for the five weeks ended April 6, 2008, an increase of 11% from $5.93 billion in the same five-week period last year. For the first thirty-one week year-to-date period, net sales increased 1
Bon-Ton March Comps Decline 5.3%
The Bon-Ton Stores, Inc. reported comparable store sales for fiscal March decreased 5.3% compared to the prior year period. Total sales for the five weeks decreased 4.9 % to $274.0 million compared to $288.0 million for the prior year period…
MLS Partners With SGMA Sports Licensing Show
dmg world media reported that Major League Soccer (MLS) has endorsed the new SGMA Sports Licensing Show. In addition, the league has become an Official League Partner of the show…
Stein Mart Sales and Comps Hurt by Calendar
Stein Mart, Inc reported sales of $138.6 for the five weeks of March, down 14.7%, compared to sales of $162.5 million for the same period a year ago. Same-store sales declined 17.1%. The company said results were affected by calendar changes and urged inv
