SGB Executive

LaCrosse Footwear Sees Q1 Sales Fall on Less Military Business…

Lacrosse posted a disappointing first quarter with sales falling 20.3% to $18.9 million compared to $23.7 million last year. The decline was due in large part to weaker military orders. Sales for the first quarter of 2004 included $4.3 million from Genera

adidas May Have Lost Biggest Stripe Fight Yet…

A letter sent by the International Olympic Committee to the World Federation of the Sporting Goods Industry reflects a decision by the IOC that company logos on an area larger than 20 square centimeters would not be allowed on apparel at the Olympic Games

Nike Inc. Confirms Brand Nike Pullout from Sears…

Nike Inc. on Monday confirmed with Sports Executive Weekly that the company would stop selling Nike brand product to Sears this fall. The move isn’t surprising, considering the recent merger between Kmart and Sears that puts former KMRT chairman Eddie La

Rebel Sports NZ Q1 Comps Up 9.4%…

Briscoe Group Limited, which includes Briscoes Homeware and Rebel Sport stores in New Zealand, announced that unaudited sales for the three months ended April 30, 2005 were NZ$74.6 million ($53.9 mm) a 10.8% increase over the NZ$67.3 million ($44.8 mm) re

Zumiez Opens with a Bang on Wall St…

Zumiez hit the public market on Friday with an $18.00 offering price, a nice bump from initial plans for a $15 to $17 offering. ZUMZ shares opened on the Nasdaq exchange at $20.55 and never looked back, closing the day at $24.87, or an increase of 38.2%

Volcom Files Papers for IPO…

Volcom, the ultimate anti-establishment brand, is joining the ranks of corporate America as the latest action sports brand to file papers with the SEC to become a public company. In an S-1 filed last Friday, the company hopes to raise more than $86 milli

PacSun and d.e.m.o. April Comps Fall 6.4%

Pacific Sunwear total sales for the four weeks of fiscal April ending April 30, 2005 were $76.4 million, an increase of 3.5% over total sales of $73.8 million during the same period last year. Total Company same store sales decreased 6.4% during the same

Retail Ventures Comps Sink 0.7% in April; DSW Comps Climb 4.4%

Retail Ventures announced total sales for the four weeks ended April 30, 2005, increased 6.9% to $234.7 million from $219.6 million for the four weeks ended May 1, 2004. The company's same store sales decreased 0.7% for the four week period…

Bon-Ton April Comps Climb 4.9%

The Bon-Ton Stores announced total sales for the four weeks ended April 30, 2005 increased 4.5% to $87.2 million compared to $83.5 million for the same period last year. Comparable store sales increased 4.9%. For the first quarter of fiscal 2005, total sa

JC Penney April Comps Rise 3.6%

J.C. Penney Company, Inc. comparable department store sales increased 3.6% for the four weeks ended April 30, 2005, on top of a 5.3% increase last year. Original expectations were for comparable store sales to be flat to up slightly. Total department stor

Stein Mart April Comps Jump 6.2%

Stein Mart announced total sales in April increased 8.1% to $121.7 million compared to $112.6 million last year. Comparable store sales for the month increased 6.2%…

Stage Stores April Comps down 2.5%; Q1 Comps Up 4.9%

Stage Stores, Inc. reported that total sales for April increased 1.0% to $92.6 million from $91.7 million in the prior year period. Comparable store sales, which reflect the impact of the Easter calendar shift, were better than expected, decreasing only

Jarden Triples Sales on Coleman Acquisition; GAAP Income Flat

Jarden Corporation net sales increased 229% to $521.3 million compared to $158.3 million for the same quarter last year. On an as adjusted, non-GAAP basis, first quarter net income increased 110% to $15.8 million, compared to net income of $7.5 million fo

Goody’s April Comps Fall 12.1%; Q1 Comps Dwon 8.1%

Goody's Family Clothing, Inc. reported total sales for April 2005 declined 6.9% to $93.2 million from $11.1 million in the year-ago month. Comp store sales fell 12.1%. Combined March/April comps were down 10.5% and first quarter comps declined 8.1%

Wal-Mart April Comps Inch Up 0.8%

Wal-Mart Stores, Inc. reported net sales for the four-week period ending April 29, 2005 increased 7.4% to $22.3 billion from $20.8 billion in the year-ago period. Comps for the month inched up 0.9%, with Wal-Mart stores up just 0.1% and SAM”S CLUB increa