SGB Executive

Sport Supply Group Announces Improved Results for Quarter

Sports Supply saw revenues for the fiscal third quarter rise 8.7% to $18.5 million. The net loss for the quarter ending Dec. 27, 2002 narrowed to $2.4 million compared to a $3.7 million loss for the year ago period. Gross profit decreased 100 bps to 27.

Quiksilver Expands CapEx Budget in 2003…

Quiksilver Inc. announced in an SEC filing last week that it expects $35 million to $40 million in capital expenditures in fiscal 2003 ending October 31, 2003. Fiscal 2002 capital expenditures were $22.2 million, compared with $22.6 million in fiscal 200

Nike Signs Mexican National Soccer Team

Nike, Inc. announced it has signed an agreement with the Mexican Soccer Federation to be the official footwear, apparel and equipment sponsor for the Mexican National Soccer Teams…

Vans Expects Arbitration Ruling Soon

Vans had filed a lawsuit against a former officer and consultant and their affiliates in March 2002. The suit alleges that the defendants engaged in a conspiracy to get unauthorized payments or commissions from some of Vans' factories in China…

Nordstrom December Comps Up 3.4%

Nordstrom, Inc. reported preliminary sales increased 9.2% to $839.2mm for the five-week period ending January 4, 2003. Same-store sales increased 3.4%…