A week ago, The Finish Line, Inc. warned the market that business had slowed to a point that they felt compelled to issue a sales and earnings downgrade for the year (SEW_0635). They had also announced they would no longer issue quarterly or annual guidan
Results for "skechers"
Famous Footwear Comps Dip in Second Quarter on Weaker Athletics, but Earnings Jump 28%…
Famous Footwear just missed a seventh straight quarter of comp store sales increases in the second quarter as comps dipped 0.1% for the after a 2.2% increase last year. The retailer continued its efforts to keep inventories clean, but was did not see the
NSGA Management Conference Sees Strong Turnout
With nearly 450 sporting goods industry leaders in attendance, the 42nd Annual NSGA Management Conference and 8th Annual Team Dealer Summit – held at The Westin La Cantera Resort & Spa in San Antonio, Texas – provided retailers, dealers, manufacturers and
Famous Footwear Sees Operating Profit Decline on Inventory Clean-Up and Athletic Weakness…
Famous Footwear saw its sixth straight quarter of comp store sales increases in the first quarter ended April 29, posting a 1.9% comp sales gain for the period on top of a 1.5% increase in the year-ago period, but continued efforts to clean up inventories
Hibbett Sees Mall Challenges Impact Q1 Gains; May Look Outside Small Market Strategy for Growth…
Hibbett Sporting Goods, Inc. saw HIBB shares fall 13.5% for the week to close at $25.50 on Friday after posting a fiscal first quarter with a very slight decrease in comp store sales that fell short of analysts’ expectations. At issue is some weakness du
GBMI Promotes Lemere and Nakamura to New VP Roles
Global Brand Marketing Inc. appointed Todd Lemere to Vice President of International Operations. Lemere has worked in many different divisions at GBMI, including Marketing, Operations, Business Development and International. In addition, GBMI has promoted
Athletic Footwear Has Watershed Year in 2005…
After nearly a decade of growth that barely kept up with inflation, 2005 was a watershed year for athletic footwear. Total sales were up in the low-teens, or low-singles on a comp basis, the best increase since the mid-90’s. Another note of good news wa
Public Companies Provide Deeper Inside Look at Investor Conferences…
New York City was a flurry of activity last week as the latest rush of investor conferences offered investors a fresh look at some of the sporting goods industry’s public companies and some insight on what the future may hold. Among the presentors were Go
Another Trade Show Season Wraps Up with Magic…
Well, the show circuit is complete and it is that time of year again to step back and take a broad look at the market, identify new trends and areas of opportunity, and offer a few insights from an independent point of view. This latest round of shows sa
Shoe Pavilion Comps Up 5.5% in Fourth Quarter
Shoe Pavilion, Inc. net sales increased 18.9% to $29.5 million for the thirteen-week fourth quarter period ended December 31, 2005, compared to net sales of $24.8 million for the thirteen-week fourth quarter period ended January 1, 2005. Comparable store
GBMI Appoints Singer Nautica U.S. Sales Chief
Global Brand Marketing, Inc. has appointed Dan Singer to director of US sales for Nautica. In this new position, Mr. Singer will oversee the expansion of the Nautica brand into department stores, independents and marine retailers. He will also be charged
GBMI Appoints Singer as Director of US Sales for Nautica
Global Brand Marketing, Inc. appointed Dan Singer to Director of US Sales for Nautica. In this new position, Mr. Singer will oversee the expansion of the Nautica brand into department stores, independents and marine retailers. He will also be charged with
VF and Genesco Plan Aggressive Door Growth…
VF Corp. expects to continue to gain efficiencies as it integrates its various acquired businesses, but now expects those synergies to extend beyond the intra-coalition benefits they have been focused on to-date. Genesco talked about its five-year plan,
Steve’s Now Looks for Quick Asset Liquidation…
Steve's Shoes Inc. is hoping for a quick sale of its assets though the Chapter 11 bankruptcy process, but it appears the unsecured creditor’s committee is crying foul. The Kansas-based retailer, which filed for Chapter 11 bankruptcy protection last
Shoe Pavilion Sees Comp Sales Increas 5.5% in Q4
Shoe Pavilion, Inc. net sales increased 18.9% to $29.5 million for the fourth quarter, compared to net sales of $24.8 million for the same quarter last year. Comparable store net sales for the quarter increased 5.5%…