Dick’s Sponsors BolderBoulder 10K
Dick's Sporting Goods signed a five-year agreement to become the title sponsor for the BolderBoulder race in Colorado. The race will be called the Dick's Sporting Goods BolderBoulder 10K. The race is 6.2 miles long….
Cabela’s Expects Q3 EPS to Be Down on New Store Softness
Cabela’s Incorporated expects to report third quarter net revenues of approximately $547 million, increasing 11.5% from the same period last year. The revenue gain comes from a 4.2% increase in the company’s direct business and a 4.6% increase in same sto
Target 1.2% Comp Gain Misses Plan; Reduces Earnings Forecasts
Target Corp reported September same-store sales rose 1.2%. Results were below plan, hurt by weakness in apparel, and the discount giant reduced earnings expectations for the full year. Net sales increased 6.2% to $5.19 billion from $4.89 billion…
Kohl’s Comps Decline 3.2%
Kohl's Corp reported comparable store sales fell 3.2%. The mid-tier department store operator also said Q3 earnings would come in at the low end of its former guidance…
West Marine Q3 Sales Down 4.1%; Comps Inch Up 0.3%
West Marine, Inc. saw same store sales increase 0.3% for the third quarter. Net sales for the period decreased 4.1% to $187.5 million from $195.6 million a year ago, following the closing of 35 stores in 2006. For the thirty-nine weeks ended September 29,
JC Penney September Comps Fall 4.6%; Cuts Guidance
J. C. Penney Co., Inc. reported comparable department store sales decreased 4.6% and total direct sales decreased 8.5%, below management's most recent guidance for a low-single digit sales increase for both. The Plano, TX, company now expects earning
Ross September Comps Remain Flat
Ross Stores, Inc. reported sales of $537 million for the month of September, a 5% increase over the $510 million in sales for the five weeks ended October 7, 2006. Same store sales for the five weeks ended October 6, 2007 were flat compared to the five we
TJX Co’s. Post 4% Comps Gain in September
The TJX Companies, Inc. reported a 5% increase in fiscal September sales to $1.8 billion from $1.7 billion reported for the same period last year. For the 35 weeks ended October 6, 2007, sales reached $11.7 billion, a 7% increase over last year's $10
TJX September Comps Increase 2%
The TJX Companies September 2007 sales were $1.8 billion, up 5% over the $1.7 billion achieved during the five-week period ended October 7, 2006. Consolidated comparable store sales for the five-week period ended October 6, 2007, increased 2% over last ye
Garmin Looks to Continue Int’l Distributor Acquisitions
Garmin Ltd. has signed a letter of intent for the proposed acquisition of Fairpoint Navigation A/S, the distributor of Garmin's consumer products in Denmark. The completion of the acquisition remains subject to the negotiation and execution of a defi
BJ’s Comps Rise 3.9%
BJ's Wholesale Club, Inc. reported comparable store sales increased 3.9%. On a comparable club basis, food sales increased by approximately 6% and general merchandise sales increased by approximately 1%…
Macy’s September Comps Slip 2.7%
Macy's, Inc. saw total sales for September decrease 1.1% to $2.27 billion from $2.3 billion a year ago. On a same-store basis, sales were down 2.7%, within the company's guidance to be in the range of down 1% to 3%. Macy's expects same-stor
The Conservation Alliance Distributes $400,000 in Grants
The Conservation Alliance sent checks totaling $400,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final disbursal of funding for 2007, and represent the largest single funding round in
Neiman Marcus September Comps Climb 6.0%
Neiman Marcus September sales increased 8.6% to $466 million compared to $430 million for the same month last year. Comparable store sales increased 6.0% for the month…
Nautilus Renegotiates Debt Agreement
Nautilus, Inc. signed a proposal letter with Bank of America, N.A. to expand its current debt facility to a 5-year, $150 million asset-based loan with a $50 million accordion. The fitness company has targeted to close the new facility by year-end 2007, su
