May D.S. July Comps Fall 5.0%
The May Department Stores preliminary net sales were $817.9 million for the four-week period ended July 31, 2004, a 5.3% decrease from $863.4 million in the similar period last year. Store-for-store sales decreased 5.5%. July store-for-store sales decre
Gottschalks July Comps Decrease 0.4%
Gottschalks Inc. announced that July 2004 same store sales decreased 0.4% from the prior year. Total sales decreased 1.5% to $41.4 million from $42.0 million in July 2003. During the month the Company operated three fewer stores than in the same period of
Famous Footwear July Comps Off 2.0%; BWS Warns on Q2
Brown Shoe Company, Inc. announced July retail sales at Famous Footwear were $86.1 million for the four-week period ended July 31, 2004 compared to $85.1 million for the same period last year. Same-store sales for July decreased 2.0%. At this point, BWS
Sportsman’s Guide Q2 Income Jumps 23% on 2.3% Sales Increase
The Sportsman's Guide reported sales for the second quarter 2004 were $38.9 million compared to the $38.0 million reported for the same period one year ago. The Company reported net earnings of $797,000, or $0.15 per fully diluted share for the quar
Gravis Expands Management Team…
Gravis footwear has added three new Director-level employees as part of a new emphasis by the Burton senior management team on the division. Anne-Marie Dacyshyn is the new Director of Product Marketing, Jason Heffron is the new Director of Marketing Commu
Aldila Rides Golf Surge to Q2 Profits…
Despite concerns about the health of the golf business, particularly with Callaway’s recent revelations, Aldila experienced a breakout quarter in Q2 as net sales jumped 44.4% to $14.3 million versus $9.9 million in the year-ago period. The increase was c
Golf Rounds Increase Slow in Q2…
The National Golf Foundation is reporting that total golf rounds played in the U.S. were up 2.5% for the first six months of the year when compared to the YTD period last year, but increased just 0.9% in the second quarter after a nice start in April…
GSI Commerce Slows Cash Burn Rate…
GSI Commerce increased second quarter net revenues 28% to $64.7 million compared to net revenues of $50.3 million in the year-ago period. Gross margin improved 500 basis points to 38.8% of sales versus 33.8% in Q2 last year. GSIC narrowed its net loss f
Unifi Makes Progress, but Still Bleeding Red Ink…
Unifi reported that net sales for the company’s fiscal fourth quarter declined 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margin was a meager 5.9%, a 270 basis point decline from the 8.6% margins reported last
Russell Corp. Organic Sales Up 3%; Earnings Up 52%
Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma
Indigo Grows Across all Seasons
As Indigo Equipment prepares to introduce several new lines of summer-oriented outdoor gear at the Outdoor Retailer show, the two-year-old company is seeing solid results as its mix of products evolves: As of July, more than half of Indigo’s spring/summer
Johnson Outdoors Income Jumps 48% on 11% Sales Gain
Johnson Outdoors net income for the third quarter was $7.5 million or 85 cents per diluted share, which reflected a 48.0 % improvement in net income over $5.1 million or 59 cents per diluted share earned last year. Increases in total Company net sales —
Unifi Q2 Sales Drop 7%; Net Loss Improves 63%
Unifi reported a net loss of $11.0 million or 21 cents per share for the quarter ending June 27, 2004, compared to a net loss of $30.5 million or 57 cents per share for the prior year June quarter. Net sales for the June quarter of $191.7 million reflect
Sugoi Inks Deal with Jeff2 Sporting Goods Agency
Sugoi has hired the Jeff2 Sporting Goods Sales Agency for the Greater Los Angeles area north to San Luis Obispo. Jeff Anderson and Jeff Darby, the principals of the agency, have over 20 years of professional sales experience and a total of over 40 years i
Timberland Launches ‘Community Builders Tour’
The Timberland Company will kick off a grassroots tour of U.S. cities that is designed to unite local residents, community organizations, key corporations, and select retailers around the concept of empowering the community through service. Designed to c
