Southern Europe’s Woes Contribute to Larger Q1 Loss at Johnson Outdoors
Johnson Outdoors Inc. announced revenue grew 2 percent to more than $80.2 million during the quarter ended Dec. 30, 2011, despite plunging military sales, but said restructuring charges and bad debts in Southern Europe contributed to higher than usual los
Unifi Reports First Loss since ’09 as Supply Chain Destocks
Unifi Inc. said it experienced its first loss in more than two years in the quarter ended Dec. 25 as the apparel supply chain worked off existing inventory rather than order synthetic yarns from its factories in Brazil, Central America and the United Stat
Unifi Reports Net Loss in Second Quarter Ended Dec. 25
Unifi Inc. reported a net loss of $7.6 million, or 38 cents per share, in the second quarter ended Dec. 25, marking its first loss in more than two years. A major provider of polyester fiber to sporting goods apparel brands, Unifi said net sales for the p
Bon-Ton’s January Comps Down 3.5 Percent
The Bon-Ton Stores, Inc. today announced comparable store sales for the four weeks ended Jan. 28, decreased 3.5 percent. Total sales decreased 3.2 percent to $174.4 million for the four weeks compared with $180.1 million for the prior year period…
Macy’s January Comps Up 2.0 Percent
Macy’s, Inc. today reported total sales of $1.336 billion for the four weeks ended Jan. 28, an increase of 2.0 percent compared with total sales of $1.31 billion in the four weeks ended Jan. 29, 2011. On a same-store basis, Macy’s, Inc. sales
Nordstrom Estimates Fourth Quarter Sales Rose 12.5 Percent
Nordstrom, Inc. reported a 5.0 percent increase in same-store sales for the four-week period ended Jan. 28, compared with the four-week period ended Jan. 29, 2011. Preliminary total retail sales of $688 million for January 2012 increased 13.2 percent comp
Ross Stores Sees 5 Percent January Comp Gain
Ross Stores, Inc. reported sales for the four weeks ended Jan. 28, 2012 of $483 million, an increase of 10 percent over the $441 million in sales for the four weeks ended Jan. 29, 2011. Same store sales for the four weeks ended January 28, 2012 grew 5 per
TJX Comps Jump Up in January
The TJX Companies, Inc. today reported January 2012 sales results. Sales for the four-week period ended Jan. 28 were $1.4 billion, up 5 percent over the $1.3 billion achieved during the four-week period ended Jan. 29, 2011. For the 52 weeks ended Jan. 28,
Columbia Delivers Robust Q4 But Sees Softness in 2012
Columbia Sportswear reported earnings jumped 40.1 percent in the fourth quarter on a 15.1 percent increase in revenue. However, the outerwear giant said that given the unusually warm winter globally as well as “macro-economic challenges that continue to c
Foot Locker Amends Credit Agreement
Foot Locker Inc. said that on Jan. 27, 2012, it entered into an amended and restated credit agreement. The restated credit agreement provides for a five-year asset-based revolving credit facility under which up to $200 million initially will be available.
New Balance Partners with Playworks
The New Balance Foundation announced a national partnership with Playworks, a national nonprofit organization that supports learning and a positive school climate by providing healthy, inclusive play and physical activity, to expand the power of play to m
Nike Invents A Shoe For Athletes With Prosthetic Limbs
Nike is introducing a new sole utilizing state-of-the art design methods and technologies to create a lightweight, durable composite sole that can easily be used with Össur's Flex-Run prosthetic blade for amputee athletes…
RECALL: 460 More Specialized Tricross Bikes
Specialized Bicycle Components Inc. is voluntarily recalling 460 of its 2012 Tricross Sport and Tricross Comp model bicycles because they use Advanced Group carbon forks that are vulnerable to a fall hazard…
Werner Paddles Names Southwest Rep
Werner Paddles has added Taylor Robertson as its Southwest sales representative…
Consumer Index Retreats to 61.1 in January
The Conference Board Consumer Confidence Index, which had increased in December, retreated in January. The Index now stands at 61.1 (1985=100), down from 64.8 in December. The Present Situation Index declined to 38.4 from 46.5. The Expectations Index edge
