SGB Footwear

Boot Barn’s Q1 Beats Expectations

Sales grew 4.5 percent due to the opening of 11 new stores over the past twelve months, a 1.3 percent increase in same store sales, and sales from the recently acquired Country Outfitter site.

HanesBrands Reports In-Line Results For Second Quarter

HanesBrands, the parent of Champion, Hanes and Gear For Sports, reported operating profits showed a modest gain excluding acquisition-related and integration charges in the second quarter but management said it remained confident that organic growth would resume in the second half.

Big 5’s Q2 Sales Miss Targets

Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.

Under Armour Axes 277 Jobs Amid Restructuring

Shares of Under Armour fell $1.88, or 10.4 percent, to $16.23 Tuesday after the company reduced its annual sales and earnings forecast while announcing a restructuring plan that includes the layoff of 277 employees.

Wolverine Sells Sebago

Wolverine World Wide Inc. announced it has sold its Sebago brand to BasicNet, S.p.A., an Italian corporation with a global footprint that has a portfolio of brands including Kappa, Robe di Kappa, K-way, Superga and more.

Hoka One One Releases ‘The Speedgoat’ Short Film

“The Speedgoat” chronicles the running career of Karl “Speedgoat” Meltzer, the first Hoka-sponsored runner, who has won more 100-mile trail races than anyone and who set the speed record for the 2,190-mile Appalachian Trail in 2016.