Modell’s Opens News Stores in, Plainview, Bronx and Astor Place
Modell’s Sporting Goods will celebrate the grand opening of three new stores in the coming days with locations in Plainview, The Bronx and Astor Place, bringing their total to 153 storefronts…
Foot Locker’s Q3 Profits Soar on Double-Digit Revenue Gain
Foot Locker Inc. is certainly enjoying the resilient athletic footwear cycle…
Hibbett Looks to Ramp Up Expansion After Strong Q3
Sparked by a healthy BTS selling period for footwear and apparel, Hibbett Sports, Inc.’s earnings climbed 18.8 percent in the third quarter on a 6.4 percent same-store gain. The chain raised its guidance for the year and indicated it was looking to
Dick’s SG Lifts Outlook on Robust Q3 Comps
Continuing to benefit from healthy new store productivity and robust same-stores sales, Dick’s Sporting Goods Inc. reported earnings rose 20.9 percent in the third quarter and again raised its guidance for the year…
Perry Ellis Golf and Swim Finds Healthy Q3 Growth
Perry Ellis International saw a “substantial increases” in revenues of its Nike Swim line as well as 60 percent jump in its much-bigger golf apparel segment in the third quarter…
Heelys Q3 Losses Widen on Impairment Charge
Heelys Inc., which is in the process of being bought out by a private equity firm, saw its losses in the third quarter swell to $2.4 million, or 9 cents a share, from $1.5 million, or 5 cents, a year ago…
VF Corp. Eyes Opening More Full-Price Timberland Stores
VF Corp. is contemplating opening more full-price Timberland stores in the United States to coincide with the brand’s apparel re-launch next fall, CFO Bob Shearer told analysts at the Morgan Stanley Global Consumer & Retail Conference last week…
Johnson Outdoors Acquires Jetboil
Johnson Outdoors Inc. boosted its stable of camping brands last week when it closed on the acquisition of Jetboil. Jetboil co-founder and CEO Perry Dowst will transition to the role of senior advisor, supporting strategic R&D and new products…
Hibbett Lifts Guidance on Robust Q3 Comps
Marking its 12th consecutive quarter of comparable store sales increases, Hibbett Sports, Inc. reported same-store sales grew 6.4 percent in the third quarter. With net income increasing 18.8 percent, the regional chain raised its EPS guidance for the ye
Foot Locker’s Q3 Profits Soar on Double-Digit Revenue Gain
Foot Locker, Inc. reported net profits vaulted 60.6 percent in the third quarter, to $106 million, or 69 cents per share, compared with $66 million, or 43 cents, a year ago. Sales increased 9.3 percent, to $1.52 billion this year. Comparable-store sales
Escalade Sporting Goods Segment up 27 Percent in Third Quarter
Escalade, Incorporated reported sales in the Sporting Goods segment, which makes archery, table tennis, basketball hoops and other leisure products, increase 27 percent in the third quarter. Overall revenues rose just 9 percent, however, as the company ma
Descente Posts Fiscal Q2 Sales, Profit Gains
Descente, the Japanese snowsports apparel company, reported sales for the fiscal second quarter ended Sept. 30 increased 11.3 percent to ¥26.1 billion ($332 mm) from ¥23.5 billion ($302 mm) in the year-ago period…
Yonex Sees Fiscal Q2 Net Income Dip
Yonex, a Japanese provide of tennis, badminton and golf products, reported total sales for the fiscal second quarter ended Sept. 30 inched up 0.9 percent to ¥10.2 billion ($129 mm) from ¥10.1 billion ($130 mm) from in the prior-year period. Gross margins
Freedom Group’s Q3 Reveues Jump 20 Percent
Freedom Group, the parent of Remington Arms, reported sales increased 20.2 percent to $237.9 million from $198.0 million. Net earnings applicable to shareholders improved to $15.6 million from $1.7 million a year ago…
After Strong Summer, Mountain Resorts Report Dip in Bookings
After six consecutive months of climbing occupancy rates, U.S. mountain destinations are reporting a double-digit decline in reservation for December, according to the Denver-based Mountain Travel Research Program (MTRiP)…
