Results for ""eric smith""

Stephanie Pugliese understands that Duluth Holdings Inc. isn’t immune from the challenging and evolving retail landscape that threatens any company unwilling to adapt. That’s why Duluth (dba, Duluth Trading Co.), where Pugliese is CEO, has “identified four areas of opportunity that the entire Duluth team is focused on for the remainder of this year” to withstand all looming retail pitfalls, she told analysts on Thursday morning’s earnings call.

Recreational running event participation was down in 2018 from the previous two years, led by declines in Europe and the U.S. and slightly offset by growth in Asia. That was among the chief conclusions of The State of Running 2019, a new report on global running participation produced by RunRepeat.com and the IAAF.

Firearms distributor United Sporting Cos. expected Hillary Clinton to win the 2016 presidential election, so it boosted inventories in preparation for the certain rush of gun purchases. But that miscalculation led USC to become the latest victim of the “Trump Slump”—a term used to describe how the current firearms-friendly presidency has quelled concerns over gun rights and stunted sales.

“It was just the right thing to do.” Outdoor Retailer’s Marisa Nicholson and Nalgene Outdoor’s Elissa McGee take SGB behind their companies’ initiative to eliminate the sale of single-use plastic bottles at Outdoor Retailer Summer Market and distribute 25,000 reusable bottles to attendees.

The Running Industry Association’s inaugural Kick Show in Denver, CO, drew acclaim from exhibiting brands and attending retailers alike. The event gave them an opportunity to showcase not only their products or their stores, but the importance of the run specialty channel for the industry.

Terry Schalow, executive director of the Running Industry Association, sat down with SGB Executive at this week’s inaugural Kick Show in Denver, CO, where he dished on the origins of, and need for, this new running industry event as well as the health of the run specialty channel. Here’s what he shared with us.

May was busy for M&A in the active lifestyle space, headlined by a European lifestyle retailer entering the U.S. market through a timely acquisition and private equity firms purchasing a well-known fitness equipment company and longtime ski maker.

The successful back-to-school and holiday seasons that Journeys posted last year carried over into the first quarter, propelling parent Genesco Inc. to a revenue and earnings beat and prompting the company to expect full-year earnings at the high end of guidance.

Sportsman’s Warehouse Holdings Inc. clearly benefited from competitors such as Dick’s Sporting Goods dropping out of the firearms business last year following the school shooting in Parkland, FL. But the ensuing boom also created—as expected—some difficult comps for the Midvale, UT-based retailer, which on Thursday reduced its outlook for the year after results in the first quarter ended May 4 missed analysts’ revenue and earnings estimates.

With just a few weeks to go before the signature B2B event of the outdoor world, the industry’s trade organization on Thursday released some important facts and figures that show how much revenue it’s generating and how that money is helping member organizations flourish amid an ongoing trade war and evolving economy.

Shares of Canada Goose Holdings Inc. tumbled $15.28, or 31.2 percent, to $33.74 Wednesday after the company earlier in the day reported a fourth-quarter revenue miss—its slowest revenue growth in eight quarters—plus lower-than-expected guidance for the current fiscal year.

For a company that admittedly was “late to the ballgame” with implementing all the digital capabilities a retailer should offer its customers in today’s competitive landscape, Hibbett Sports Inc. has certainly made up for lost time. And the company showcased some of its recent digital advances during a stellar first quarter that topped revenue and earnings expectations.

Inclement weather and a delay in the issuance of tax refunds resulted in Shoe Carnival Inc.’s same-store sales declining in the high-single digits in February, according to company executives. March and April showed improvement, combining for a 3.6 percent increase, but they weren’t enough to overcome the quarter’s slow start as Q1 comps for the company fell 0.2 percent while Wall Street had projected a 1.6 percent gain.

VF Corp. just completed the spinoff of its jeans division and is in the process of moving its global headquarters to Denver, CO, from Greensboro, NC, but these are only two of the significant changes at the multibillion-dollar company. After completing “one of the most transformative periods in VF’s 120-year history,” where does it go from here?

Kohl’s registered a disappointing first quarter, to say the least, with a high-double-digit net income drop, slight revenue dip and EPS miss. On Tuesday’s earnings call, CEO Michelle Gass told analysts, “We have adjustments underway to get us back on track.” One of those is an expanded return program with Amazon. Will it be enough?