Zumiez Suffers Loss on 18.8% Comp Decline
Zumiez Inc. reported sales decreased 7.7% for the second quarter ended Aug. 1, to $85.2 million from $92.3 million a year ago. The action sports retailer lost $3.1 million, or 10 cents a share, in the period after a charge of $1.3 million, or 3 cents a sh
Hibbett’s Profits Plunge 77% in Q2
Hibbett Sports, Inc. reported second-quarter sales slid 5.5% to $123.1 million from $130.3 million a year ago. Comps were down 10.5%. Net income fell 77.1% to $1.1 million, or 4 cents a share, from $4.8 million, or 17 cents, a year ago…
U.S. Bicycle Route System Gains Grants
Adventure Cycling Association announced three new grants in support of the organization's work to establish an official United States Bicycle Route System (USBRS). The grants will enable Adventure Cycling to continue its organizing and cartographic w
Cutters Becomes Official Glove of United Football League
Cutters has signed on as the Official Gloves of the United Football League. In an exclusive agreement, Cutters will create customized gloves for each UFL team for both game and practice use…
RECALL: Felt Cyclocross Bikes
The U.S. Consumer Product Safety Commission, in cooperation with Felt Bicycles, has issued a voluntary recall of about 1,500 Felt F1X cyclocross bicycles from 2007/2008…
RECALL: Nirve Sports Bikes
Nirve Sports Ltd. is voluntarily recalling 120 Cannibal Bicycles due to problems with the bicycle's stems. Nirve has received reports of cracked stems…
TJX Reports Q2 Comps Up 4%; EPS up 27%
The TJX Companies, Inc. announced net sales for the second quarter ended August 1 increased 4.0% to $4.7 billion and consolidated comparable store sales increased 4.0% over last year’s strong gains…
Saks’ Loss Widens in Q2; Maintains Sales Guidance
Saks Incorporated posted a net loss of $54.5 million, or 39 cents per share for the second quarter ended August 1, 2009, compared to a net loss of $32.7 million, or 24 cents per share, for the prior year second quarter ended August 2, 2008…
Urban Outfitters Beat Q2 Profit Estimates; Comps Slide 3%
Urban Outfitters, Inc., which operates under the Anthropologie, Free People, Terrain and Urban Outfitters brands, announced earnings of $49 million and $80 million for the three and six months ended July 31, 2009, respectively. Earnings per diluted share
Nautilus Q2 Crippled by Commercial; Mgmt. Ponders Sales of Segment
Following up on a disappointing full-year 2008 and a 2009 first quarter that saw sales plummet 44.4%, Nautilus didn’t see much improvement in Q2 as a flopping commercial business continues to negate meager improvement in other business segments…
Gildan Fiscal Q3 Earnings, Sales Fall on Weakness from Activewear/Socks
Gildan Activewear, Inc. said significant weakness from its underwear and activewear segments were the primary catalysts for slumping sales and declining earnings for the third fiscal quarter ended July 5…
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
The Paddlesports Trade Show Debate Updated
Some of the biggest buzz at the Outdoor Retailer Summer Market event had nothing to do with new product introductions. Early in the show, Jim Marsh, publisher of Canoe & Kayak magazine, announced his intent to launch a new paddling trade show (see BOSS_09
RSR Group Makes Sales Management Team Changes
RSR Group, Inc.said Wes Knight was recently promoted to National Sales Manager and Charlie Eklund has assumed the Assistant National Sales Manager position…
U.S. Fish and Wildlife Service Announces Proposal to List Seven Foreign Bird Species
The U.S. Fish and Wildlife Service has announced a proposal to protect seven Brazilian bird species as endangered under the Endangered Species Act (ESA). If made final, the measure would extend ESA protection to these species. The decision by the Service
