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Everlast Nabs TSA Vendor Award for Logistics

May 16, 2003 SGB Executive

Everlast Worldwide Inc. announced it received the 2002 Vendor of the Year Award for Logistics for Softlines from The Sports Authority…

Authentic Fitness Names Friedman GM of Speedo Footwear

May 16, 2003 SGB Executive

Harry Friedman has been named general manager of Speedo® Footwear and Accessories, a new position according to an announcement made today by Roger Williams, President and COO of Authentic Fitness Corporation….

Head Q1 Sales Dip Leads to Widening Loss

May 15, 2003 SGB Executive

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

Urban Outfitters Q1 Net Income Up 34% on 14% Sales Gain

May 15, 2003 SGB Executive

Urban Outfitters, Inc. announced net income for the first quarter ended April 30, 2003 increased by 34% to $6.4 million or $0.32 per diluted share versus $4.8 million or $0.26 per diluted share for the comparable first quarter last year. Net sales for th

Mossimo Q1 Net Income Halved as Sales Increase 5.4%

May 15, 2003 SGB Executive

Mossimo, Inc. reported first quarter 2003 revenue of $5.9 million compared to $5.6 million for the same period last year. The Company reported first quarter net earnings of $1.4 million compared to net earnings of $3.0 million for the same period last yea

The Buckle Q1 Net Income Down 30.4% on Flat Comps

May 15, 2003 SGB Executive

The Buckle, Inc. reported net income for the first quarter of fiscal 2003 was down 30.4% to $3.0 million, or $0.14 per share, compared with $4.3 million, or $0.20 per share for the first quarter of 2002. Net sales for the quarter increased 2.3% to $81.7

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

May 15, 2003 SGB Update

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

May 15, 2003 SGB Update

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%

May 15, 2003 SGB Update

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

Warnaco Almost Triples Q1 Pro Forma Net Income

May 15, 2003 SGB Update

The Warnaco Group, Inc. net revenues for the two-month period since it emerged from bankruptcy totaled $326.3 million and net income totaled $22.6 million and earnings per share totaled $0.50. Warnaco emerged from bankruptcy on February 4, 2003, and the

Kohl’s Q1 Net Income Up 4.1% on 13.2% Sales Increase

May 15, 2003 SGB Update

Kohl's Corporation reported net sales for the first quarter were $2.1 billion, an increase of 13.2% over the same period a year ago. Net income for the quarter was $111 million, a 4.1% increase over the $107 million reported for the same quarter a ye

Champs Sports Signs the Barber Brothers

May 15, 2003 SGB Executive

Champs Sports has signed National Football League star players Tiki Barber of the New York Giants and Ronde Barber of the Tampa Bay Buccaneers as spokesmen for the Foot Locker division…

Target Corp. Q1 EPS Flat on 7.6% Sales Gain

May 15, 2003 SGB Executive

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

Brunswick Sets Aside $25 Million for Precor Settlement

May 15, 2003 SGB Executive

Brunswick Corporation announced that its Life Fitness Division has been in negotiations regarding a potential settlement of a lawsuit with Precor. Although the parties have not reached a final settlement of the lawsuit, in light of developments in connec

Federated Q1 EPS Down 44% on 4.7% Sales Decline

May 14, 2003 SGB Executive

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