SGB Executive

Quiksilver Reports Decline at 2 of 3 Brands in First Quarter

Quiksilver, which unveiled extensive changes in its corporate suite this week, reported a net loss of $30 million in the first quarter ended Jan. 31, when net revenues dipped 3 percent in currency neutral terms to $431 million…

Lacrosse Star Joel White Joins BSN Sports

BSN Sports announced that three-time All American Joel White has joined the company as a sales professional in New York City, NY, and will also serve on the company’s national team for its new Lax Division…

Genesco’s Q4 Hit by Special Charges

Genesco Inc. reported earnings from continuing operations slid 6.7 percent in the fourth quarter, to $38.7 million, or $1.63 per diluted share, compared to earnings from continuing operations of $41.5 million, or $1.72, in the year-ago quarter. Fiscal 201

Adidas Posts Q4 Loss on Reebok Impairment Charges

Adidas reported a loss in the fourth quarter as it wrote down the value of its struggling Reebok brand. But it gave an upbeat outlook for the current year, predicting sales and earnings would rise with sales increasing in the mid-single digit range. It al

Report: Rip Curl Sale Unlkely

Brian Singer, co-founder of Rip Curl, told The Australian that a sale of the surf brand isn't likely to happen. In August, Rip Curl appointed Merrill Lynch to investigate sale options…

Costco Posts 5 Percent Comps Growth in February

Costco Wholesale Corporation reported currency-neutral U.S. comparable store sales excluding gasoline prices grew 5 percent in the 12 weeks, and 6 percent in the 24 weeks ended ended March 3…

Jarden Increases Stock Buyback Program

Jarden Corporation announced that its board of directors has authorized an increase to its current share repurchase program. The authorized share repurchase program is now $500 million. The new program includes the remaining $130 million of unused capacit

Dillard’s Sees Q4 Profit Gain

Dillard’s, Inc. reported a 30 percent increase in fourth quarter earnings per share compared to the prior year, excluding certain items…

Saks Profit Hurt by Higher Costs/Sandy

Saks Inc. reported that for the fourth quarter ended Feb. 2, the company recorded net income of $20.4 million, or $.13 per diluted share…

Granite Gear Hosts Sen. Al Franken at Minnesota Headquarters

Senator Al Franken (D-MN) visited Granite Gear’s headquarters in Two Harbors, MN Saturday, Feb. 23. After being greeted by 30 staff and their family, Franken toured the facility and met with Granite Gear founders Jeff Knight and Dan Cruikshank to d

HanesBrands Supports the United Way

HanesBrands, the parent of Champion, and its employees raised $2.22 million for the United Way of Forsyth County, exceeding its goal for the 2012 campaign…