Hibbett Sports Sees Strong Footwear Focus Net Strong Bottom Line Results for Q1
Hibbett Sports got a boost from strong early sell-through of footwear and accessories and benefited from slightly higher overall average selling prices to post a fairly solid first quarter, but trends slowed at the end of the period as the small market re
JJB Sports Posts Steep Loss in 2008
JJB Sports posted a net loss of £167.6 million ($264.6 million) for the fiscal year ended January 25, compared with a profit of £9.6 million ($15.3 million) for the prior year. The latest year reflects a charge of £171.7 million ($273.5 million) due to st
Mizuno Fiscal Year Net Dips as Sales Decline
Mizuno reported that total consolidated net sales declined 6.9% to ¥162.0 billion ($1.62 bn) for the fiscal year ended March 31, compared to net sales of ¥174.0 billion ($1.53 bn) in the prior year. Operating income fell 63.0% to ¥2.91 billion ($29 mm) i
The Buckle Bucks Mall Trend
For a quarter that has seen many mall retailers struggle, The Buckle continues to not only endure the effects of the tumultuous environments, but has been able to post remarkable growth in the process — all while exceeding the lofty expectations of analy
Pheasants Forever, Quail Forever Elect Two to Board
Pheasants Forever, Inc. and Quail Forever announce Jon Lee of Missoula, MT and Dick Bell of Omaha, NE have been elected as new members to the organization’s National Board of Directors. The 18-member board meets quarterly and oversees the operations of Ph
Bass Pro Shops to Provide Free Family Activities
Beginning Saturday, May 30th and continuing through Sunday, July 5th, Family Summer Camp events will be held at Bass Pro Shops destination retail stores across America and Canada (the event will not be at Miami, FL, Branson, MO, or the Worldwide Sportsmen
John R. Pope Tapped as New DU President
Ducks Unlimited ushered in a new era at its Annual Convention in Denver as delegates elected longtime volunteer John R. Pope of Jacksonville, FL, as its 40th President. Pope will follow in the footsteps of Bruce Lewis, who is now the Chairman of the Board
Cloudveil Appoints New Sales Positions
Cloudveil has named James Samuel to a new position, Director of Global Sales, while Ned Hutchinson assumes North American Sales Management responsibilities…
Hibbett Sports Q1 Profits Up on Comp Sales Gain
Hibbett Sports, Inc. net sales increased 8.1% to $157.7 million for the fiscal first quarter ended May 2, compared with $145.8 million for the year-ago period. Comparable store sales increased 2.4% for the quarter. Net income increased 16.4% to $10.9 mill
Gregory L. Quesnel Joins Ross Stores Board of Directors
Ross Stores, Inc. said that Gregory L. Quesnel has been elected to its Board of Directors effective immediately…
PacSun Narrows Q1 Loss Despite Double-Digit Comp Declines
Pacific Sunwear of California, Inc. saw net sales decline 16.3% to $223.5 million for the fiscal first quarter ended May 2 versus the year-ago period and total company same-store sales decreased 18% during the period. The retailer posted a net loss of $8
Stage Stores Sees Q1 Loss with 14% Decrease in Comp. Inventory
Stage Stores, Inc. reported a net loss for the first quarter ended May 2, 2009 of $0.9 million, or 2 cents per diluted share, compared to net income of $2.3 million, or 6 cents per diluted share, for the prior year first quarter ended May 3, 2008…
Q1 Profits at TJX Rise 8% on 1% Sales Gain
The TJX Cos., parent of the T.J. Maxx and Marshalls stores, reported an 8% increase in fiscal first-quarter profits to $209.2 million, or 49 cents a share, from $193.8 million or 43 cents, a year ago, thanks to increased shopping traffic and some cost cut
Shimano Reduces Full Year Outlook after Q1 Sales Decline
Shimano, Inc. reported that revenues for the first quarter declined in double-digits, but net income improved thanks to a boost in non-operating income and lower taxes. Net revenues fell 18.9% to ¥45.1 billion ($483 mm) for the period ended March 31, com
Bike Industry Wins Two-Year Stay on Lead Law
The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c
