Retail Execs See Lighter Traffic But More Sales in May…
It looks like the most recent Executive Opinion Survey, a monthly index by the National Retail Federation, was a fair indicator of the health of the retail business in May as retail execs also noted that the prediction of a negative impact of higher gas p
Forzani Sees Continued Challenges in Canadian Sporting Goods Market…
Forzani started the year off on shaky ground on the sales front, thanks in large part to heavy price competition and a declining sporting goods market north of the border, but shook off the tougher market and posted a 38% increase in net income for the pe
Zanatta Leaves Lotto Board; Tecnica is Now Sole Focus…
Giancarlo Zanatta, President of the Tecnica Group, has resigned his position as a member of the board of directors of Lotto Sport Italia in an effort to focus on re-launching the Nordica and Rollerblade brands world-wide…
Specialty Companies See Profit Growth Double the Gains in First Quarter Sales …
Much of the issues that impacted the general sporting goods industry results in the first quarter – both positively and negatively – were also the key influencers for the Bicycle, Outdoor, and SnowSports specialty markets covered in The B.O.S.S. Report ea
OR Summer Market is Sold Out
Outdoor Retailer has announced that exhibiting space for the 2004 Summer Market to be held at the Salt Palace Convention Center in Salt Lake City, Utah, has officially sold out, with a waiting list of over 120 outdoor-related companies. The total number o
G-III Q1 Loss Widens on 11.8% Drop in Sales
G-III Apparel Group reported first quarter net sales of $16.5 million and a net loss of $4.8 million, or 68 cents per share, compared to net sales of $18.7 million and a net loss of $2.6 million, or 38 cents per share, during the comparable period last ye
Kellwood Q1 Earnings Up 19% on Phatter Sales
Kellwood Company reported that sales for the first quarter ended May 1, 2004 increased $14 million to $686 million, versus $672 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Ph
Nike Board Member Resigns Position
Dr. A. Michael Spence has resigned from the Nike Board of Directors effective May 31, 2004. Dr. Spence, 60, cited a desire to spend more time on his business and personal interests as the reason for his resignation. Dr. Spence joined Nike's board in
May Retail Comps Mostly Surprise and Delight…
While May retail sales results were tough to read as a trend and did not offer up any solid consensus on the health of retail, the reports issued last week by dozens of public companies did appear to re-affirm the feeling that the U.S. retail economy is i
The Finish Line Answers Critic with Q1 Performance…
The Finish Line left little doubt as to its current trend which appears to be onward and upward, at least in the footwear category. The mall specialty retailer saw May comp store sales jump 16%, with footwear posting a 20% increase and apparel a 2% decli
The Buckle May Comps Climb 8.3%
The Buckle's sales for the four-week period ended May 29, 2004 increased 14.9% to $27.3 million from sales of $23.8 million in the corresponding four-week period ended May 31, 2003. Comparable store sales increased 8.3% from the prior year. Net sale
Goody’s May Comps Inch Up 1.3%
Goody's total sales were $99.4 million for the fiscal month of May 2004, an increase of 3.5% over total sales of $96.0 million for the fiscal month of May 2003. Comparable store sales for May 2004 increased 1.3% over May 2003. Total sales for the fir
Shoe Carnival Posts 0.5% Comp Sales Gain for May
Shoe Carnival reported sales for the four-week period ended May 29, 2004 increased 8.8% to $43.1 million from sales of $39.6 million for the four-week period ended May 31, 2003. Comparable store sales increased 0.5% in May 2004. Sales for the first four m
Stage Stores May Comps Inch Up 1.0%
Stage Stores total sales for the four-week period ended May 29, 2004 increased 39.4% to $90.6 million from $65.0 million in the prior year four-week period ended May 31, 2003. Comparable store sales increased 1.0% versus a decrease of 5.4% last year. Year
May Comps Climb 7.8% at Pacific Sunwear
Pacific Sunwear of California total sales for the four weeks of May of fiscal 2004 were $72.4 million, an increase of 18.5% over total sales of $61.1 million for the four weeks of May of fiscal 2003. Company same store sales increased 7.8% for the compara