SGB Executive

Dillard’s Comps Up 2% in November

Dillard’s, Inc. reported merchandise sales for the four weeks ended Nov. 27, 2010 were $469.3 million compared to sales for the four weeks ended Nov. 28, 2009 of $437.9 million…

Gildan’s Q4 Profits Climb 38% on 22% Revenue Gain

Gildan Activewear reported earnings for the fourth fiscal quarter ended Oct. 3, were U.S. $56.8 million, or 47 cents per share. Excluding a restructuring charge of one cent per share related to the consolidation of U.S. distribution activities, earnings

JJB Sports Will Likely Breach Bank Covenants Due to Poor Sales

JJB Sports, the struggling U.K. sporting-goods chain, said recent poor sales mean it is likely to breach some banking covenants. Business conditions have been “extremely challenging” and sales have remained below forecasts since the company last updated i

Costco Post 6% Comp Gains for November

Costco Wholesale Corporation reported that comp store sales for the four weeks ended Nov. 28 rose excluding inflation in gas prices rose 6%…

Infinity Headwear Secures Equity Financing

Infinity Headwear and Apparel, Inc., based in Rogers, AR, has secured an undisclosed amount of equity financing from a group of angel investors. Proceeds of the investment will provide operating capital to support Infinity's recent launch of MascotWe

Kohl’s November Comps Jump 8.1%

Kohl's Corporation reported November sales increased 8.1%. On a comparable store basis, November sales increased 6.1%. Year to date, total sales increased 7.5% and comparable store sales increased 4.7%…

Nordstrom’s Comps Grow 5.1%

Nordstrom, Inc. reported a 5.1% increase in same-store sales for the four-week period ended Nov. 27. Total sales of $815 million for November 2010 increased 8.8% compared with sales of $749 million for the same period in fiscal 2009…

FitnessKeeper Secures $1.1M in Financing

FitnessKeeper, the parent company of the RunKeeper smartphone app, has raised $1.11 million. The RunKeeper iPhone app uses GPS locating to track distance, time, elevation, pace and path…

Target Corp.’s November Comps Rise 5.5%

Target Corp. said comp-store sales growth of 5.5% in the four weeks ended Nov. 27 put it well on its way to reaching sales and earnings projected in its last guidance. Total sales rose 5.7% to $6.01 billion..

Macy’s November Comps Rise 6.1%

Macy's, Inc. reported total sales of $2.344 billion for the four weeks ended Nov. 27, an increase of 7.8% compared with total sales of $2.174 billion a year ago. On a same-store basis, Macy's, Inc. sales were up 6.1% in November…

NHL’s Sales Strong Over Black Friday Weekend

The National Hockey League (NHL) said it saw strong sales growth of its licensed product over the holiday shopping weekend (Nov. 26 -29). NHL Powered by Reebok recorded its largest Black Friday sales figures in the four year history of the New York City s

Longstreth Women’s Sports Hires Field Hockey Specialist

Longstreth Women's Sports hired Christy Utter as its assistant field hockey manager and as a key member of its field hockey management team. Utter is a two-time NCAA champion and former Brown assistant head coach…

Quiksilver Sees Fourth Quarter Above Forecasts

Quiksilver, Inc., the parent of DC Shoes, said that based on preliminary data, the company estimates that revenues for its fourth quarter ended Oct. 31 were between $492 million and $497 million, compared to net revenues of $538.7 million a year ago. Pro-