The Sports Authority, Inc. reported that third quarter comparable store sales for the combined company increased 1.7% from last year's combined company results. The net loss of $7.7 million, or $0.31 per share, includes the effect of after-tax, merg
Tag: Supplier
Vans Opens European Flagship Store in London
Vans, Inc. announced that the company's European flagship store, located at 47 Carnaby Street in London, will open on December 6 in the popular Carnaby Street shopping district. The 3,500 square foot store will feature men's and women's foo
After Some Turkey, Mall Retailers Take Aim at the Golden Goose…
While many of our gentle readers were lounging at home, top pants button undone, sated with the Holiday repast, Sports Executive Weekly was out pounding the tile in search of key indicators for this critical holiday season. Due to the realities of geogra
Kmart Adds Apparel Chief and CFO
Kmart Holding Corporation has announced that John D. Goodman will join the Company as Senior Vice President, Chief Apparel Officer, and James D. Donlon III will
join the Company as Senior Vice President, Chief Financial Officer, both reporting to Presiden
NRF: Holiday Shopping Season Starts Strong
The ceremonial kickoff to the holiday season started with a bang, according to the findings of a new National Retail Federation (NRF) survey. The third installment of the NRF 2003 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch fo
Dan Cooke Steps Down as Chairman/CEO of Next, Inc.
Next, Inc. announced that Dan F. Cooke has decided to take a leave of absence from his position as Chairman and Chief Executive Officer for personal reasons. Mr. Cooke also has stepped down from the Board of Directors…
Retail Executive Survey Sees Positive Outlook Slip
Retailers experienced some moderation in traffic and sales in November according to the latest findings of the NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation and the Bank of Tokyo-Mitsubishi Ltd. The Retail Sector Per
Hibbett’s Focus Pays Bigger Dividends…
Hibbett Sporting Goods didn’t have as many weather-related issues in the third quarter due to a product mix focused on fewer cyclical items and weather-dependant categories like outerwear and outdoor equipment…
Sporting Goods Push Total Online Sales Higher
Signs of an improving economy and increased consumer spending on nontraditional online product categories like apparel, home decor, and sporting goods have catapulted 2003 U.S. online sales. According to Forrester Research, Inc., U.S. online sales for 20
Nike Increases Quarterly Dividend 43%
The Board of Directors of NIKE, Inc. has declared a quarterly cash dividend of 20 cents per share on the Company's outstanding Class A and Class B Common Stock, which represnts a 43% increase over the previous quarterly rate of 14 cents per share…
SnowSports Industry Conference Launched
SnowSports Industries America (SIA), TransWorld Snowboarding and Mountain Sports Media are joining forces to produce The Snow Industry Summit, a high level business conference that will address global issues affecting all aspects of the snow sports indust
Fourth Quarter Net Income Up at Stage Stores On Lower Sales
Stage Stores, Inc. net income for Q3 ended November 1, 2003 was $12.9 million, or $0.63 per diluted share, compared to $10.2 million, or $0.50 per diluted share, for the prior year Q3. Total sales for the 13-week period decreased 3.2% to $197.9 million fr
Hibbett Q3 Net Jumps 65% on 6.9% Comp Sales Increase
Hibbett Sporting Goods, Inc. announced net sales for the 13-week period ended November 1, 2003, increased 17.0% to $78.4 million compared with $67.0 million for the year-ago period. Comparable store sales increased 6.9% in the third quarter of fiscal 200
SGMA: Apparel ASP Dropped Almost 12% in 2002
The industry is selling more apparel for less. That's the underlying theme of SGMA International's Sports Apparel Monitor (2003 edition), produced in conjunction with The NPD Group, Inc. According to the report, the retail sports apparel marke
Nordstrom Q3 Earnings Jump 147% on 5.0% Comp Gain
Nordstrom, Inc. reported net earnings increased 147% to $45.5 million, or 33 cents per diluted share, for the third quarter of 2003 ended November 1, 2003, compared to net earnings of $18.4 million, or 14 cents per diluted share, for the year-ago period.