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Foot Locker Files Its Delayed 2002 10-K with SEC

Foot Locker, Inc. filed its 2002 Form 10-K with the SEC on Monday. Foot Locker filed for an extension on May 2, 2003 with the SEC due to ongoing technical discussions between the company, its independent outside auditors and the SEC regarding the classif

SIA: Specialty Store Sales Rose 7.1% for Season

Overall sales for the entire winter sports market increased by 4.1% in dollars to $2.2 bn compared to $2.1 bn in 2002 for the season according to the SIA Retail Audit. Sales at specialty ski and snowboard shops through the end of the season were up 7.1%

SIA: Chain Store Sales Were Down 5.1% for 02/03 Season

Chain store sales were down 5.1% for the 2002/03 winter sports season (August through March) compared to the same period in 2002. In dollars, that translates to $487.6 million in sales compared to $513.7 million in 2002. The unit sales tracked 10.5% beh

Head Q1 Sales Dip Leads to Widening Loss

Head N.V. announced net sales decreased 1.7% to $73.6 million. The net loss increased 177% to $9.9 million for the three months ended 31st March, 2003. Sales in the Winter Sports division jumped 38.0%, Racquet Sports sales fell 10.1%, Diving was down 11

Shoe Carnival Q1 Profits Dip 10% on 5.8% Sales Increase

Shoe Carnival, Inc. announced net earnings for the first quarter ended May 3, 2003 decreased 10% to $5.1 million as compared with net earnings of $5.7 million in the first quarter ended May 4, 2002. Diluted earnings per share decreased 11% to $.39 per sha

Varsity Brands Narrows Q1 Loss on 26.7% Sales Increase

Varsity Brands, Inc. announced that revenues for the first quarter of 2003 increased to $23.7 million, or 26.7%, from $18.7 million in revenues for the first quarter of 2002. The Company reported a net loss of $2.6 million, or ($0.28) per share, for the f

Everlast Q1 Profits Fall 96% as Sales Slide 21.5%

Everlast Worldwide Inc. reported net sales for its first quarter ended March 31, 2003 were $12,355,283 as compared to $15,734,596 reported in 2002. Net income available to common stockholders (after giving effect to the redeemable preferred stock dividen

Target Corp. Q1 EPS Flat on 7.6% Sales Gain

Target Corporation reported earnings per share for the first quarter ended May 3, 2003 were flat at 38 cents, compared the first quarter last year. First quarter net earnings increased 1.3% to $349 million, compared with $345 million in 2002. Total reve

Federated Q1 EPS Down 44% on 4.7% Sales Decline

Federated reported sales for the first quarter of 2003 totaled $3.3 bn, a decrease of 4.7% from sales of $3.5 bn in the same period last year. On a same-store basis, Federated's year-to-date sales were down 5.0%. FD reported diluted earnings per sh

Quiksilver Raises Q2 Sales and Earnings Outlook

Quiksilver, Inc. announced that it expects second quarter fiscal 2003 sales to range between $257 million and $259 million, compared to $187 million for the same period last year. The company aslo expects to exceed analysts' earnings estimates for t

Sport-Haley Narrows Fiscal Q3 Loss on 26% Sales Gain

Sport-Haley, Inc. reported net sales for the fiscal third quarter ended March 31, 2003 increased 26% to $5.5 million, from net sales of $4.4 million for the year-ago quarter. Net loss for the quarter was approximately ($79,000), an improvement of $241,00

Just for Feet’s Gilburne Pleads Guilty in Fraud Case

The fed’s got the first of the Just for Feet gang on Monday, with former president Adam Gilburne pleading guilty to charges of that he and others devised a scheme to artificially inflate Just for Feet's financial condition. He could receive up to fi

Cybex Posts Q1 Loss on 9.0% Sales Increase

Cybex International, Inc. reported net sales for the quarter ended March 29, 2003 were $20,608,000, representing an increase of 9% compared to net sales for the first quarter of 2002 of $18,913,000. The net loss for the quarter was $1,787,000, or $0.20 p

LaCrosse Narrows Q1 Loss as Sales Decline 12.9%

LaCrosse Footwear, Inc. reported net sales for the first quarter ended March 29, 2003 decreased $2.9 million, or 12.9%, to $19.9 million from $22.8 million for the same period in 2002. The net loss for the quarter was $0.6 million, or $0.11 per share, com