Genesco Inc. posted strong results for the fiscal third quarter ended October 28, driven by “excellent performances” at Journeys and Journeys Kidz, Johnston & Murphy, and Dockers. The company expects that the Underground Station business will remain chall
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Once Again, Active Lifestyle is the Place to Be…
The active lifestyle market confirmed once again last week that it is the place to be for investors. Public companies in the industry rode the wave of very positive third quarter reports to easily outpace the major stock market indices and a number of bo
Outdoor/Snow Sports Deal Flow Heats Up Again…
While the paddlesports industry saw a series of acquisitions last month, the deal environment became more active than it has been for nearly a year this week, with four acquisitions – three of which have a direct impact on the Bicycle, Outdoor, and SnowSp
London Conference Provides Closer Look at Europe Strategies for Key Companies…
A number of industry companies provided a peak at their European strategies last week while at the Piper Jaffray Conference in London just as third quarter earnings season kicks off in earnest. Participating companies included some of the hottest brands
Retailers are Back in the Driver’s Seat in Q2…
With the deal environment stagnating and integration efforts under full-swing at many Bicycle, Outdoor, and SnowSports industry vendors, profits during the second quarter of 2006 slowed considerably, while retailer profits swelled to record numbers. The s
Second Quarter Profit Growth Slows, Sales Gains Rely Less on Acquisitions…
Acquisitions continued to play a diminished role in the results of public companies in the sporting goods industry in Q2, but organic sales growth still managed to outpace earnings growth by a wide margin in the Softgoods sector, mostly attributable to an
Dick’s SG and Under Armour Outline Objectives at Goldman Sachs Conference…
Goldman Sachs held their 13th annual global retail conference last week and two of the sporting goods industry’s top performers where on hand to provide more insight into their business. Dick’s Sporting Goods took the opportunity to differentiate its mode
Companies Provide New Insights at Conferences…
At the Prudential Equity Back-to-School Conference, VF Corp. provided additional color on their new retail strategy, which should account for about 18% of VF’s total revenue by 2009. At the Goldman Sachs conference, Dick’s Sporting Goods took the opportun
Heelys Ready to Roll in Public Market with IPO…
Hot trend at retail? You bet. Captures the attention of the youth consumer? Absolutely. The next hot IPO from the active lifestyle sector? We’ll see. Volcom has been an absolute success; Under Armour continues to please; Zumiez is growing rapidly an
Forzani is Back in Black after Strong Q2 Comps…
The Forzani Group seems to have timed its Sport-Chek re-branding initiative perfectly, with the Canadian economy picking up and the sporting goods industry apparently firing on all cylinders north of the border. Since renovating its formerly struggling S
Footwear Companies Go Green for Inspiration…
Outdoor Footwear manufacturers are looking in three different performance and comfort categories this year and while there have been some meaningful advancements to reducing environmental impacts in the footwear industry, there are more incremental, evolu
Genesco Lowers Guidance on Weaker Urban Biz…
Genesco saw a softening business in the urban markets impact results at its Underground Station and Hat World units in the second quarter, but strength at the Journeys division and GCO’s wholesale businesses offset the weakness elsewhere. While the compan
Dick’s Sporting Goods Beats Expectations in Q2; Sees Athletic Footwear Soften…
While many mall based athletic retailers were impacted by shifting fashion trends in their teen client base, Dick's Sporting Goods seems to be somewhat insulated from these market ebbs and flows. The company reported strong top- and bottom-line growt
Hibbett SG Pleases with Strong August Start…
Hibbett Sporting Goods, Inc. saw net income fall in the second quarter through July as a shifting athletic footwear market and tax-free weekends pushed back-to-school sales into the third quarter. But a solid start to the month of August — with comps up
Shoe Carnival Shrugs Off Athletic Weakness in Q2…
Shoe Carnival, Inc. continued to see more of its athletic footwear business in the second quarter move to low-profile product sales that are reflected in its non-athletic casual footwear classification, but improving merchandise margins and flat operating
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