SGB Sports & Fitness

DSW Slashes Guidance on Lousy Spring

Blaming the weather and competitive discounting, DSW Inc. reported first-quarter earnings that fell well short of analysts’ estimates while slashing its guidance for the year. Women's shoes, which excludes boots and sandals, comped down 9 perce

Smith Optics Parent Upgraded by Moody’s

Moody’s has upgraded The Safilo Group’s long-term corporate credit rating from ‘B2’ to ‘B1’, reflecting both the company’s diminished refinancing risk, following its recent bond issue, and its stable operating per

USDA Launches New Conservation Initiative

Agriculture Secretary Tom Vilsack joined Senate Agriculture Committee Chairwoman Debbie Stabenow to launch a new conservation initiative with an focus on public-private partnership. The new program promises to go beyond traditional government efforts to a

Hibbett’s Q1 Comps Grow 4.1 Percent

Given the category challenges facing Dick’s Sporting Goods and the weather hurdles facing many retailers in the first quarter, Hibbett Sports, Inc. was content to muster a modest profit gain in the first-quarter, boosted by a healthy 4.1 percent com

Foot Locker Sees Record Quarterly Profits

Aided by its role as kingpin of the basketball category, Foot Locker Inc. reported its most profitable quarter in its history an athletic company and perhaps its 135-year history. On a conference call with analysts, Ken Hicks, chairman and CEO, noted that

Shoe Carnival’s Q1 Comps Slip

Shoe Carnival, Inc. reported net earnings for the first quarter declined slightly to $9.2 million, or 45 cents per share, from $9.5 million, or 47 cents, per diluted share. Sales reached $235.8 million a 1.5 percent increase…

Zumiez Posts Flat Q1 Earnings

Zumiez Inc. reported total net sales for the first quarter ended May 3, increased 9.7 percent to $162.9 million from $148.5 million in the first quarter ended May 4. Comparable sales increased 1.8 percent…

Redington Sponsors GoPro Mountain Games

Redington, which makes performance fly fishing gear, has secured the title of the official fly fishing sponsor of the event is excited to announce its partnership with the 2014 GoPro Mountain Games…

AAFA Signs MOU with Hong Kong Textile Industry

The Hong Kong General Chamber of Textiles Ltd. (HKGCOT) and the American Apparel & Footwear Association (AAFA) today signed a Memorandum of Understanding (MOU) to facilitate cooperation between the two organizations…