Zumiez Profit Rises, Sees Q4 Above View
Zumiez Inc. reported sales for the third quarter ended Oct. 29, increased 13.3 percent to $154.0 million from $135.9 million a year ago. Comparable store sales increased 6.0 percent on top of a comparable store sales increase of 14.4 percent in the third
Adidas Raises FY Forecast
Adidas AG raised its forecast for 2011 after profit and sales came in better-than-expected in the second quarter, driven by growth in China and European emerging markets. The company's sales are now expected to increase 10 percent for the full year,
Targets Comps Up 4.1 Percent in July
Target Corporation that net retail sales for the four weeks ended July 30, 2011 were $4.84 billion, an increase of 5.6 percent from $4.59 million for the four weeks ended July 31, 2010…
K-Swiss’ Q2 Revenues Catapult 40.0 Percent
K-Swiss Inc. reported that its net loss in the second quarter increased to $20.0 million, or 56 cents a share, from $14.5 million, or 41 cents, a year ago. Revenues increased 40.0 percent to $65.5 million from $46.8 million…
Amer Sports Q2 Sales Rise 6 Percent in Local Currency
Amer Sports’ net sales slipped 1 percent to €315.6 million ($454 mm) in the usually soft second quarter ended June 30 compared to sales of €317.5 ($405 mm) in the same quarter of 2010. The Finnish maker of sporting goods said that transl
KKR Completes Acquisition of Academy Sports + Outdoors
Kohlberg Kravis Roberts & Co L.P. has completed its acquisition of Academy Sports + Outdoors. This acquisition was initially announced on May 31, 2011…
The Bon-Ton’s July Comps Slip 1.6 Percent
The Bon-Ton Stores, Inc. reported comparable store sales for the four weeks ended July 30, 2011 decreased 1.6%. Total sales decreased 2.3% to $173.6 million for the four weeks compared with $177.6 million for the prior year period…
Gildan Activewear’s Profits Soar 42 Percent in Q3
Gildan Activewear reported earnings jumped 41.7 percent in the third quarter ended July 3, to $94.1 million, or 77 cents a share. Higher net selling prices, combined with manufacturing efficiencies and the 3-cents-per-share accretive impact of the acquisi
Stage Stores’ July Comps Up Slightly; Sales Increase 2.2 Percent
Stage Stores, Inc. total sales for the four week period ended July 30, 2011 increased 2.2% to $102 million from $100 million in the prior year four week period ended July 31, 2010…
The Buckle’s Comps Up 6.8 Percent in July
The Buckle, Inc. reported that comparable store net sales for the four-week period ended July 30, 2011 increased 6.8 percent from comparable store net sales for the four-week period ended July 31, 2010…
Timberland’s Q2 Revenues Jump 27 Percent
The Timberland Co., which in June reached an agreement to be acquired by VF Corp., reported second quarter revenue increased 27.1 percent to $240.1 million, up 20.6 percent on a constant dollar basis. The loss in the period was $20.1 million, down from a
Sport Chalet Reports Q1 Sales Up 3.9 Percent
Sales for Sport Chalet, Inc. increased 3.9 percent to $82.8 million for the first quarter of fiscal 2012 from $79.7 million for the first quarter of fiscal 2011, primarily due to a comparable store sales increase of 2.3 percent, an online sales increase o
Zumiez Comps Up 12.3 Percent in July
Zumiez Inc. reported that total net sales for the four-week period ended July 30, 2011 increased 12.3% to $38.7 million, compared to $34.4 million for the four-week period ended July 31, 2010…
Puma Selected as Official Sportswear Partner for the 34th America’s Cup
Puma has signed on as the America's Cup sponsor. Puma will provide America's Cup-branded merchandise starting during the America's Cup World Series in Cascais, Portugal this month…
Huber named Lands’ End CEO
Sears Holdings Corp. has named Edgar Huber president and CEO of Lands' End. He will replace former CEO Nicholas P. M. Coe who left the company in May to become CEO of Bath & Body Works….
