Kohl’s May Comps Jump 5.0%
Kohl's Corporation sales for the four-week period ended May 29, 2004 increased 20.2% over the four-week period ended May 31, 2003. On a comparable store basis, sales increased 5.0%…
May Comps Decline 3.8% at May Department Stores
The May Department Stores preliminary net sales were $978 million for the four-week period ended May 29, 2004, a 2.7% decrease from $1.01 billion in the similar period last year. Store-for-store sales decreased 3.8%. Store-for-store sales for the month o
Payless May Comps Increase 3.9%
Payless ShoeSource same-store sales increased 3.9% during the May reporting period, the four weeks ended May 29, 2004. Company sales totaled $246.7 million, a 4.3 percent increase from $236.5 million during fiscal May of last year…
Ross Stores Posts 1.0% Comp Store Decline
Ross Stores sales were $319 million for the four weeks ended May 29, 2004, an 8% increase above the $296 million in sales for the four weeks ended May 31, 2003. Comparable store sales for the month declined 1% from the prior year, in line with the Company
Famous Footwear May Comps Decline 2.2%
Retail sales at Famous Footwear rose 0.2% to $85.1 million for the four-week period ended May 29, 2004, compared to $84.9 million for the same period last year. Same-store sales decreased 2.2%, as the calendar shift in Memorial Day weekend negatively affe
Finish Line Q1 Comps Jump Another 14%; Raises Guidance
The Finish Line, Inc. reported net sales of $258.0 million for the thirteen weeks ended May 29, 2004, an increase of 24% over net sales of $207.8 million for Q1 last year which ended May 31, 2003. Comparable store net sales for Q1 increased 14% on top of
Umbro IPO Float Lives Up to Lowered Expectations After Offer Price Cut…
The Umbro Holdings IPO in London hit a bit of a snag this week after the company was forced to back off its initial expectations of a offer price in the £1.50 – £1.90 ($2.72-$3.45) range to a more realistic offering at £1.00 ($1.81). Investors and analys
Sport Haley Gets Another Hogan Lift; Gets ready for Top-Flite Apparel Debut…
Sport-Haley said it is “disappointed” with sales of its Haley branded product, especially with the decrease seen in the men’s apparel segment, but appear to be quite happy with the gains seen in the Ben Hogan brand apparel licensed through the Top-Flite G
Perry Ellis Puts on Swimwear Push…
Perry Ellis International reported that Q1 net income profit jumped 46% to $8.2 million for the quarter. EPS was up 11.3% to 89 cents per diluted share. Total revenue surged 82.4% to $197 million from $108 million in the year-ago period. Gross margin i
K2 Inc: Why We Didn’t Buy It and What We Will and Won’t Acquire…
At the SunTrust Robinson Humphrey Conference in Atlanta, Dudley Mendenhall, K2 Inc.’s SVP Finance, outlined his company’s performance and future strategy for investors. Mendenhall said K2 now represents about $1 billion of the $50 billion U.S. wholesale
U.K. Labor Organizations Target Sporting Goods Vendors in Europe…
The international labor organizations, Oxfam, Trade Union Congress (TUC) and Labor Behind the Label recently launched a campaign called “Play Fair at the Olympics.” The campaign singles out sportswear manufacturers – particularly Puma – for cutting corne
Genesco Looks to Athletic in Journeys’ Q1 Surge; Hat World Helps Bottom Line…
Genesco Inc. is feeling pretty good about the business these days, so much so that the company has gone ahead and increased full year sales and earnings estimates once again. The strength of the fashion athletics business at Journeys and better-than expe
Cowboys and JC Penney End Deal on Push for More Commitment…
The Dallas Cowboys, the only NFL team that opted to handle development and sales of its own team softgoods merchandise when the league did the exclusive deal with Reebok, will apparently let its exclusive retail deal with JC Penney expire at the end of it
Sport Chalet Gets Comfy Up North…
Sport Chalet pointed to “more seasonable” winter weather at the resorts frequented by their customers as well as an “improved economic climate” for a strong fourth quarter that finished off a turnaround year for the 31 store chain based outside Los Angele
The New Sports Authority Getting More Specialty Focused with Product…
Since the day the rumors started flying about a potential merger between Gart Sports and The Sports Authority there has been an ongoing debate about which of the two divergent personalities would be assumed by the new national sporting goods retail entity