Athlete’s Foot’s Sees Strong Australian Performance
In a letter to investors, Julia King, executive chairman of Australian company Retail Cube, noted that 2005/6 had been a disappointing year, but that the company's The Athlete's Foot division had delivered a “stellar performance” with year on ye
Brunswick Expects to Miss 2006 Guidance
Brunswick Corporation expects to report earnings from continuing operations in the range of 93 cents to 94 cents per diluted share for the second quarter of 2006, in the middle of the company's previously announced estimate of 90 cents to 97 cents. 2
PGA Tour Superstores Continue Expansion
Golf & Tennis Pro Shop, Inc. will open two PGA TOUR Superstores in the Dallas, Texas area in spring 2007. The new stores, which will be approximately 65,000 to 70,000 square feet each, mark GTPS’ first stores in the Southwest. They will be located in the
PGA Fall Expo ‘Reinvented’
A fresh approach to better serve the golf industry will make its debut at the 2006 PGA Fall Expo, Sept 12-14 in Las Vegas, Nevada. Based on feedback from PGA Professionals and industry leaders, every aspect of this year’s event has been enhanced to create
Wolverine Sees 10.5% Sales Increase; Ups Guidance
Wolverine World Wide, Inc. second quarter 2006 revenue totaled $238.5 million, a 10.5% increase over second quarter 2005 revenue of $215.7 million. Earnings per share for the second quarter of 2006 were 25 cents compared to 22 cents reported for the secon
Vaude Inks New French Distribution Deal
Vaude has made new arrangements for sales and distribution in France. Effective immediately, the mountain sports brand will be distributed by the Horizon Vertical sales agency. With this new marketing partner that has distributed high quality mountain sp
Fortune Brands Golf Revenues Generated Primarily in U.S.
Fortune Brands golf division netted $1.3 billion in sales in 2005, with 70% of that originating in the U.S. market. Sales of Titleist and Pinnacle golf balls accounted for roughly 40% of sales while sales of clubs accounted for 30%. Shoes, outerwear and a
J. C. Penney June Comps Climb 4.3%
J. C. Penney Company, Inc. department store sales increased 5.0% for the month of June. On a comparable store basis, sales increased 4.3%, on top of a 7.4% increase in last year's period…
Wal-Mart June Comps Inch-Up 1.1%
Wal-Mart Stores, Inc. reported net sales for the month of June were $21.47 billion compared to $20.23 billion last year, an increase of 6.1%. Comparable store sales increased 1.1%…
SGMA Urges Members to Petition for Duty Free GSP Treatment
On Wednesday, June 28, the Office of the U.S. Trade Representative published a notice in the Federal Register announcing the petitioning deadlines for the upcoming annual product review under the U.S. Generalized System of Preferences. This provides an op
Stein Mart Sees 0.9% Increase in June Comps
Stein Mart, Inc. total sales for the month of June were $133.9 million compared to $131.7 million last year, a 1.7% increase. Comparable store sales for the fiscal period ended July 1, 2006, increased 0.9%…
Nordstrom June Comps Increase 4.7%
Nordstrom, Inc. preliminary sales were $827.0 million for the five-week period ending July 1, 2006, an increase of 6.9% compared to sales of $773.6 million for the five-week period ending July 2, 2005. Same-store sales increased 4.7%…
Cosco June Comps Climb 6%
Costco Wholesale Corporation net sales were $5.74 billion for the fiscal month ended July 2, 2006, an increase of 10% from $5.22 billion in the same five-week period of the prior fiscal year. Comps increased 6% for the month…
Stage Stores Sees 3.5% Increase in June Comps
Stage Stores, Inc. total sales for the five-week period ended July 1, 2006 increased 16.0% to $133.4 million from $115.0 million in the prior year five-week period ended July 2, 2005. Comparable store sales increased 3.5% on top of an 11.0% increase last
Golf Galaxy June Sales Jump 39% on 2.9% Comps Gain
Golf Galaxy, Inc. reported net sales for the month of june jumped 39% to $42.1 million, compared with $30.4 million for the fiscal month ended July 2, 2005. The increase was driven primarily by the addition of new stores and a comparable store sales gain