SGB Update Apparel
Delta Expects Q3 Loss; Misses Guidance
Delta Apparel, Inc. expects fiscal third quarter revenue to be approximately $75 million with a loss per diluted share in the range of 5 cents to 7 cents. These preliminary results compare to the company’s prior expectation of third quarter revenues betwe
Escalade Sports Sees 14% Decline in Q1 Sales
Escalade, Incorporated recorded a 13% decline in first quarter net sales, while switching to a net loss of $0.8 million compared to a gain for the same quarter last year of $1.1 million. Earnings per share for the first quarter was a loss of 7 cents compa
West Marine’s Sales Fall 10% in March
West Marine said net sales declined 10%, or by $12.5 million, for the 13 weeks ended March 29. Comparable store sales for the first quarter decreased 9.4%. The marine supply company's CEO said he sees no evidence the market will rebound in the short
BJ’s Comps Rise 6%
BJ's Wholesale Club Inc reported sales at its stores open at least a year rose 6 percent in March. The same-store sales result included a contribution of 3.4 percent from sales of gasoline, while a calendar shift in the timing of Easter hurt the res
Target’s March Declines Below Expectations
Target Corporation reported that its net retail sales for the five weeks ended April 5, 2008 increased 1.5% to $5.68 billion from $5.59 billion for the five weeks ended April 7, 2007. Comparable store sales decreased 4.4% on the same basis. CEO Bob Ulrich
Neiman-Marcus Recors Slight Rise in March Comps
Neiman Marcus, Inc. reported comparable store sales rose 0.4% to $425 million for fiscal March. Overall net sales increased 1.8% to $430 million for the month from $423 million last year. In the five-week March period, comparable revenues in the Specialty
TJX Sales up 2%, Sees Signs of Improvement
The TJX Companies, Inc. reported that sales for the five-week period ended April 5, 2008 rose 2% while consolidated comparable store sales were flat versus last year. The company said inventories were in excellent shape and that it has begun to see a pick
Kohl’s Posts 15.5% Comp Decline
Kohl’s Corp reported sales for the five-week period ended April 5, decreased 7.9%. On a comparable store basis, sales decreased 15.5%. For the nine weeks, total sales decreased 3.2% and comparable store sales decreased 11.1%…
House Votes to Set Aside Western Acreage for Recreation
The U.S. House of Representatives voted 277-140 today to pass HR 2016, the National Landscape Conservation System Act. Passage of the legislation, which sets aside 26 million acres of Bureau of Land Management land for recreation, is a major priority for
NeverFlat Creators to Launch Own Company
The newly-established Primo Sport, Inc., based in Newark, Del., creators of the technology behind Spalding's Neverflat basketball, have announced plans to launch their own sporting goods company. Primo Sport will design, manufacture and sell a range
NRF: Online Sales to Grow 17% in 2008
In a year where retail industry sales are expected to experience sluggish growth, Americans will continue to flock to the Internet, according to The State of Retailing Online 2008. The survey of 125 retailers suggests online retail will continue to be a b
OIA Delivers Letter of Support for NLCS
Outdoor Industry Association and American Hiking Society have delivered a letter to Congress from 60 member companies announcing unified support of the Bureau of Land Management’s National Landscape Conservation System. The U.S. House of Representatives i
Dick’s Helps Recruit New Fishermen
The Recreational Boating & Fishing Foundation (RBFF) and Dick's Sporting Goods, Inc. have partnered to promote Anglers’ Legacy, a program that encourages avid anglers to share their love of boating and fishing, and introduce a newcomer to the sport.
REI to Open in Westminster, Colo.
Recreational Equipment, Inc. plans to open a new store in Westminster, Colo. at The Orchard Town Center in the spring of 2009. Westminster will be the eighth REI location in Colorado. The co-op currently has more than 237,000 active REI members in the Den
Elka to Debut Mountain Biking Shocks at Sea Otter
Elka Suspension Inc., a Canadian maker of suspension systems for motorsports, will debut its first line of mountain bike shock absorbers at this year's Sea Otter Classic. This gravity-oriented line-up will consist of 4 models with different adjustme
