SGB Executive

Sport-Haley Narrows Fiscal Q3 Loss on 26% Sales Gain

Sport-Haley, Inc. reported net sales for the fiscal third quarter ended March 31, 2003 increased 26% to $5.5 million, from net sales of $4.4 million for the year-ago quarter. Net loss for the quarter was approximately ($79,000), an improvement of $241,00

Wal-Mart Q1 Net Income Up 14% on 9.7% Sales Increase

Wal-Mart Stores, Inc. reported total sales for the quarter ended April 30, 2003 were $56.7 bn, an increase of 9.7% over the similar prior year quarter. Net income for the quarter was $1.9 bn, a 14.1% increase from the $1.6 bn reported in the similar prio

JC Penney Q1 Profits Fall 30% on 4.9% Comp Decline

J. C. Penney Company, Inc. reported first quarter net income of $0.20 per share compared with $0.29 per share in last year's quarter. Operating profit for Department Stores and Catalog was $83 million compared with $157 million last year. Comparable

TJX Q1 Net Income Falls 23% as Sales Gain 5.0%

The TJX Companies, Inc. announced net sales for the first quarter were $2,789 million, a 5% increase over last year. Consolidated comparable store sales decreased 2% versus last year's strong 7% increase. Net income was $114 million and diluted earn

Shoe Pavilion Posts Q1 Loss As Comps Decline 8.8%

Shoe Pavilion, Inc. announced a net loss of $1.3 million or ($0.19) per share, for the first quarter ended March 29, 2003 compared to net income of $77,000 or $0.01 per share, for the first quarter of 2002. Net sales were $18.6 million for the first quar

Quiksilver Raises Q2 Sales and Earnings Outlook

Quiksilver, Inc. announced that it expects second quarter fiscal 2003 sales to range between $257 million and $259 million, compared to $187 million for the same period last year. The company aslo expects to exceed analysts' earnings estimates for t

Colabuono Expands Role at Pride/Softspikes

Pride/Softspikes announced that Scott Colabuono has been named Chief Operating Officer. Colabuono, who joined Pride in 2002 as Chief Financial Officer, will continue in this capacity while assuming the responsibilities of COO for the company…

Escalade Buys North American Archery

Escalade Sports will acquire substantially all the assets of North American Archery Group, a manufacturer of premium archery equipment. NAAG is currently under Chapter 11 bankruptcy protection and Escalade Sports has filed an asset purchase agreement wit

GBMI Taps David Orr to Lead Pony Effort

Global Brand Marketing, Inc. has named David Orr as Vice President of Sales for Pony International. Mr. Orr, most recently Director of US Footwear Sales at adidas, will be responsible for all US footwear sales for Pony International and will be working o

Fila Extends Bonds Deal; Partners with Footaction on Show Launch

Fila has extended its endorsement agreement with baseball star Barry Bonds through 2006. The deal with Bonds represents will enable Fila to expand its cross-training business with Footaction, debuting an exclusive Bonds product launch there during the Al

Pacific Sunwear Q1 Profits Jump 142% on 22.6% Sales Increase

Pacific Sunwear of California Inc. reported net income for the first quarter of fiscal 2003 increased 142% to $8 million, compared with $3.3 million for Q1 2002. Total sales for the quarter were $198.3 million, an increase of 22.6% over total sales of $16

LaCrosse Narrows Q1 Loss as Sales Decline 12.9%

LaCrosse Footwear, Inc. reported net sales for the first quarter ended March 29, 2003 decreased $2.9 million, or 12.9%, to $19.9 million from $22.8 million for the same period in 2002. The net loss for the quarter was $0.6 million, or $0.11 per share, com

Hilfiger Prevails in Suit Against Goody’s

A U.S. District Courtin Georgia has awarded Tommy Hilfiger damages in the amount of approximately $11 million plus attorney's fees and costs in its action against Goody's Family Clothing. The award consists of $2.1 million in damages for the sa