SGB Executive

Shoe Carnival May Comps Decrease 3.8%

Shoe Carnival, Inc. reported sales for the four-week period ended May 31, 2003 increased 7.3% to $39.6 million from sales of $36.9 million for the four-week period ended June 1, 2002. Comparable store sales decreased 3.8% for the month…

Nike and Apparel Fuel Another Breakout Quarter for The Finish Line

The Finish Line, Inc. reported net sales of $207,805,000 for the thirteen weeks ended May 31, 2003, an increase of 22% over net sales of $170,576,000 for Q1 last year which ended June 1, 2002. Comparable store net sales for Q1 increased 14% on top of a 3%

Costco May Comps Up 4.0%

Costco Wholesale Corporation reported net sales of $3.20 billion for the four weeks ended June 1, 2003, an increase of 9 percent from $2.95 billion in the same four-week period of the prior fiscal year. Comparable sales for the 4-week period were up 4.0%

Target Corp. May Comps Inch Up 0.7%

Target Corporation reported that its net retail sales for the four weeks ended May 31, 2003 increased 7.5% to $3.2 billion from $2.98 billion for the four-week period ended June 1, 2002. Comparable-store sales increased 0.7% from fiscal May 2002…

Payless May Comp Store Sales Decrease 10%

Payless ShoeSource, Inc. reported that same-store sales decreased 10.0% during the May reporting period, the four weeks ended May 31, 2003. Company sales totaled $236.5 million, a 9.2% decrease from $260.6 million during fiscal May of last year…

Federated Sees May Comp Store Sales Inch Lower

Federated Department Stores, Inc. reported total sales of $1.1 bn for the four weeks ended May 31, 2003. This represents a decrease of 1.2% from total sales of $1.2 bn for the same period last year. On a same-store basis, Federated's April sales we

Famous Footwear May Comps Slip 1.6%

Brown Shoe Company, Inc. announced May retail sales at Famous Footwear rose 1.2% to $84.9 million for the four-week period ended May 31, 2003, compared to $83.9 million for the same period last year. Same-store sales decreased 1.6%, as retail traffic rem

ShopKo May Comp Store Sales Down 3.1%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended May 31, 2003 decreased 3.2% to $244.2 million from $252.3 million during the same period last year. Consolidated comparable store sales decreased 3.1%.
The Company expects consolida

Value City May Same-Store Sales Increase 3.2%

Value City Department Stores, Inc. announced today total sales for the four weeks ended May 31, 2003, increased 8.7% to $202.9 million from $186.6 million for the four weeks ended June 1, 2002. The company's same store sales increased 3.2% for the fo

K2 Inc. Announces Placement of Convertible Senior Notes

K2 Inc. announced that the company has entered into an agreement, subject to customary conditions, to privately place $75 million principal amount of 5% convertible senior notes due June 2010. The senior, unsecured notes will be convertible into approxima

Pacific Sunwear May Comps Increase 13.2%

Pacific Sunwear of California Inc. reported that total sales for the four weeks of May of fiscal 2003 were $61.1 million, an increase of 22.2% over total sales of $50 million for the four weeks of May of fiscal 2002. Company same store sales increased 13

Stein Mart May Comp Store Sales Down 6.5%

Stein Mart, Inc. announced total sales for the four-week May period were $108.2 million, a 4.0% decrease from the $112.6 million in sales for the same period in 2002. Comparable store sales for May decreased 6.5% from 2002 to 2003…

Forzani Fiscal Q1 Earnings Fall 57% on Weaker Comps

The Forzani Group Ltd. announced retail system sales for the first quarter of fiscal 2004 grew by 18.2% to $237.2 million compared to $200.8 million for the same period of the previous year. Total comparable store sales were up 2.6%. Corporate store comp

Kohl’s May Same-Store Sales Eke Out a 0.1% Gain

Kohl's Corporation reported that sales for the four week period ended May 31, 2003 increased 13.9% over the four week period ended June 1, 2002. On a comparable store basis, sales increased 0.1%…

Goody’s May Comp Store Sales Increase 3.5%

Goody's Family Clothing, Inc. reported total sales for the fiscal month of May 2003 of $96.0 million, an increase of 5.1% over total sales for the fiscal month of May 2002 of $91.3 million. Comparable store sales for May 2003 increased 3.5% over May