SGB Executive

Urban Outfitters Q1 Net Income Up 34% on 14% Sales Gain

May 15, 2003

Urban Outfitters, Inc. announced net income for the first quarter ended April 30, 2003 increased by 34% to $6.4 million or $0.32 per diluted share versus $4.8 million or $0.26 per diluted share for the comparable first quarter last year. Net sales for th

Head Q1 Sales Dip Leads to Widening Loss

May 15, 2003

Head N.V. announced net sales decreased 1.7% to $73.6 million. The net loss increased 177% to $9.9 million for the three months ended 31st March, 2003. Sales in the Winter Sports division jumped 38.0%, Racquet Sports sales fell 10.1%, Diving was down 11

VNU Promotes Tompkins to OR Sales Manager

May 14, 2003

Outdoor Retailer recently announced Andy Tompkins will step into the role of National Sales Manager for Outdoor Retailer and Fly-Fishing Retailer, while Kenji Haroutunian will move into the Senior Account Executive position for both shows effective May 15

Big Dog Q1 Loss Widens as Sales, Comps Slump

May 14, 2003

Big Dog Holdings, Inc. reported net sales for the quarter ended March 31, 2003 were $15.4 million as compared with $17.5 million in the first quarter 2002. Total retail store sales decreased 12% due to the closing of 9 stores. Comparable store sales decr

Federated Q1 EPS Down 44% on 4.7% Sales Decline

May 14, 2003

Federated reported sales for the first quarter of 2003 totaled $3.3 bn, a decrease of 4.7% from sales of $3.5 bn in the same period last year. On a same-store basis, Federated's year-to-date sales were down 5.0%. FD reported diluted earnings per sh

Just for Feet’s Gilburne Pleads Guilty in Fraud Case

May 13, 2003

The fed’s got the first of the Just for Feet gang on Monday, with former president Adam Gilburne pleading guilty to charges of that he and others devised a scheme to artificially inflate Just for Feet's financial condition. He could receive up to fi

True Temper Q1 Net Income Inches Up on Higher Sales

May 13, 2003

True Temper Sports, Inc. announced net sales for the first quarter increased 7.6% to $31.6 million from $29.4 million during the first quarter of 2002. Net income for the first quarter increased slightly to $2.6 million from $2.4 million in the first qua

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

May 13, 2003

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

May 13, 2003

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

May 13, 2003

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%

May 13, 2003

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%

May 13, 2003

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