SGB Footwear

Dick’s Sporting Goods Triples Third Quarter Net; Cuts Q4 Outlook

November 23, 2009 SGB Update

Dick's Sporting Goods Inc reported third-quarter earnings more than tripled with the help of higher sales and lower expenses, handily topping Street estimates. But shares fell 10% last week after it projected that the fourth quarter would fall short

Shoe Carnival Posts Breakout Third Quarter

November 23, 2009 SGB Update

Shoe Carnival, Inc. attributed its strong third fiscal quarter performance to a large selection of value-priced name brand footwear that resonated well with consumers. Higher-than-expected sales of athletic product during the back-to-school season and ver

Pou Sheng Sees Fiscal Year Loss

November 23, 2009 SGB Update

Pou Sheng International (Holdings) Ltd., the retail arm of footwear maker Hong Kong-based Yue Yuen Industrial (Holdings) Ltd., said it expects to show a net loss in the fiscal year ended Sept. 30…

Foot Locker Posts Q3 Loss On Weaker U.S. Business; Europe Starts to Improve

November 23, 2009 SGB Update

Foot Locker, Inc. saw the U.S. business remain a challenge in the fiscal third quarter, but also saw some improvement on a quarter-by-quarter sequential basis in both the U.S. and European businesses. The U.S. weakness was also cited as the primary reaso

Hibbett Sports Gets Q3 Boost from Greater Focus on Performance

November 23, 2009 SGB Update

Helped by tighter expense controls and better product margins, Hibbett Sports, Inc. reported third quarter earnings increased in the mid-teens and raised its outlook for the year. Overall EPS of 30 cents per share in the quarter came in ahead of Wall Stre

Accell Group Affirms 2009 Earnings Will Rise 10%

November 23, 2009 SGB Update

European bike maker Accell Group N.V. of the Netherlands affirmed last week its profit and turnover, or revenue, expectations for 2009. Based on sales for the period up to and including October and the prospects for the last two months of the year, the co

Johnson Outdoors Finishes 2009 Poised for the “New Normal”…

November 23, 2009 SGB Update

Johnson Outdoors Inc. sales declined 20.1% to $65.3 million in the fiscal fourth quarter ended Oct. 2, but losses declined significantly in comparison to a year ago when the company took $44.5 million in non-cash goodwill and asset impairment charges…

Phoenix FW’s Q3 Revenues Fall 32%

November 23, 2009 SGB Update

Phoenix Footwear Group, Inc. reported final profit for the third quarter of fiscal 2009 was $60,000, or 1 penny per share, compared to a net loss of $2.1 million in the year-ago period…

TAF Parent Slashes Q3 Loss; Revenues Down 11%

November 23, 2009 SGB Update

NexCen Brands, Inc., the parent of The Athlete's Foot, cuts its loss in the third quarter ended Sept. 30, to $1 million, or 1 cent a share, from $38.4 million, or 68 cents, in the year-ago period. Excluding businesses that have been sold, the year-ag

VF Outdoor Launches Value-Oriented Backpacks

November 23, 2009 SGB Update

VFC is launching two new backpack brands, Wolf Creek and L8R, in an effort to address a broader audience and leverage the company’s strong sourcing structure. The two brands were created to help retailers in both existing and new channels who have b

TNF Expands Local PlanetExplore Web Presence to Denver

November 23, 2009 SGB Update

The North Face launched a new Denver local marketing site dubbed, “PlanetExplore.” The website is billed as a new online community that connects people to the outdoors in meaningful ways by serving as a hub for local outdoor activities and eve

Gibbon Slacklines Expands North American Sales Force

November 23, 2009 SGB Update

Gibbon Slacklines, manufacturer of slackline kits distributed exclusively by Canaima Outdoors in North America, announced the support of four new sales agencies covering twenty states in the United States as well as British Columbia, the Yukon and Ontario