Results for "amer"

At Nike’s annual meeting held in its headquarters in Beaverton, OR, John Donahoe, president and CEO, said the company continues to see “structural tailwinds,” including the consumer’s movement toward health and wellness as well as toward digital, helping empower its Consumer Direct Acceleration (CDA) strategy. Nike officials also discussed innovation success, China’s recovery and supply chain disruption.

Shoe Carnival is on a roll, with earnings for the first half of 2022 surpassing all full year of earnings in the 44 years since its founding, except for 2021. SGB Executive talked with Mark Worden, the family footwear chain’s CEO since 2021, about the company’s strengths in the apparel footwear category, recent success elevating margins and overall momentum.

Building on its growth in Europe, the e-bike brand Econic One launched three styles in the U.S. for a wide range of intended purposes and riding styles designed to cover the majority of riders.  Styles include: Econic One Comfort Limited Econic One Bandit Econic One Adventure Econic One e-bikes are Class I models featuring pedal […]

Speaking at Goldman Sachs 29th Annual Global Retailing Conference, Jill Timm, CFO at Kohl’s, remains confident that the department store’s efforts to “be a destination for the active and casual lifestyle” shopper will pay off long-term despite active underperforming in the second quarter due to supply chain constraints impacting athletic footwear.

Smith & Wesson Brands, Inc.’s sales plunged 69.3 percent in the fiscal first quarter ending July 31 and were also down 11.6 percent versus the pre-pandemic first quarter of 2019 due to extensive inventory correction in the marketplace. Mark Smith, president and CEO, order rates have also rebounded since the end of the first quarter and the company reiterated its cash generation and operating earnings for the full fiscal year.

Zumiez delivered a bleak outlook for the third quarter after reporting inflationary pressures caused sales and earnings in the second quarter to fall well below company guidance. Rick Brooks, CEO, told analysts, “Headwinds have materialized and then intensified, particularly in our U.S. business.”