West Marine Q3 Revenues Drop
West Marine had a difficult third quarter as sales declines through all three of its channels of distribution led to an overall net sales decline of 4.3%. Overall net sales totaled $180.3 million for the third quarter. Net income for the quarter dropped 4
Columbia’s Latest Cuts Add to Growing Industry Total
Columbia Sportswear Company announced a reduction in force that will affect approximately 75, or 4%, of its 1,800 U.S. employees…
Yue Yuen Reports 25% Sales Gain in October
Yue Yuen Industrial Holdings Ltd, the world's biggest sports shoe maker incorporated in Hong Kong, reported its sales revenue in October amounted to US $414.4 million, up 25% from US $351.9 million a year earlier…
Dorel’s Pacific Cycle Unit Thrives in Q3 As Cannondale Misses 2009 Shipments
Dorel Industries Inc. reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, but said it had to delay orders for new Cannondale models due to supply constraints. Q3 orders for Cannondale’s 2008 mod
Iconix Q3 Revenue Increases 29%
Iconix Brand Group, Inc. saw revenue for the third quarter ended Sept. 30, 2008 increase 29% to approximately $55.1 million, as compared to approximately $42.7 million in the third quarter of 2007. Net income for the third quarter increased 8% to approxim
Sport Supply Group Reports Record Q1
Sport Supply Group, Inc. reported record sales of $73.6 million and a diluted EPS of 35 cents for its first quarter ended Sept. 30, 2008, despite an increasingly troubled economy. Net sales grew 4.6% from $70.4 million to $73.6 million while net income gr
Zumiez October Comps Drop 13.1%, Net Sales Rise 1.2%
Zumiez Inc. had comparable store sales decrease 13.1% for the four-week period ended Nov. 1, 2008 and total net sales increase 1.2% to $25.0 million. The significant drop in comps caused the company to re-think its fourth quarter expectations…
Newron Sport Commences Trading on Pink Sheets
Newron Sport, a sports technology company based in Las Vegas, has commenced trading on the Pink Sheets, under the ticker symbol NSPT. Newron Sport said it is launching its patented inline skate technology through media sponsorships, elite level athlete en
J.C. Penney’s October Comps Plunge 13%
J. C. Penney Company, Inc.'s comparable store sales decreased 13% for the four-week period ended Nov. 1. The company's guidance was for sales to decrease low-double digits…
Kohl’s October Comps Drop 9%
Kohl’s Corp. reported October sales dropped 4.8% to $1.21 billion from $1.27 billion a year ago. On a comparable store basis, sales decreased 9.0…
Off-Price Retailer TJX Sales Fall on Stronger Dollar
The TJX Companies, Inc. said sales declined 2% to $1.48 billion, on a 6% decline in comp store sales for the four-week period ended Nov. 1. The comp store decline was driven by the precipitous and unexpected drop in foreign currency exchange rates versus
Ross Stores Oct. Comps Down 2%
Ross Stores, Inc. reported sales of $490 million for the four weeks ended Nov. 1, 2008, a 4% increase over the $470 million in sales for the four weeks ended Nov. 3, 2007.
October Comps Tumble 26.8% at Neiman Marcus
Neiman Marcus, Inc. reported total revenues in the month of October dropped 25.3% to $286 million from $383 million. Comps fell 26.8%. in the four-week October period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcu
West Marine Q3 Revenues Drop 4.5%
Net revenues attributable to West Marine's stores division decreased $7.5 million to $159.8 million in the third quarter ended Sept. 27, 2008, a 4.5% decrease compared to the third quarter of 2007, primarily due to a $7.5 million decrease in comparab
October Same-Store Sales Decline 15.7% for Nordstrom
Nordstrom, Inc. reported sales of $529 million for the four-week period ended November 1, a decrease of 15.5% compared with sales of $626 million a year ago. Same-store sales decreased 15.7%, compared with the same period in 2007…
