SGB Update Outdoor
Nordic Walking Expansion Efforts Slow Exel’s Profits…
The Exel Group’s Sport division saw net sales declined slightly due to increased competition in the Nordic walking market in Europe, while profits took a hit from their investment in expanding the category into China, Japan, and North America. Third quart
Salomon Q3 Operating Profit Up on Declining Sales…
The Salomon brand was a bit of an orphan child in the third quarter, as the business transitioned from adidas-Salomon to Amer Sports at quarter-end. Amer Sports did not close the deal until mid-October, and the newly named adidas Group moved quickly to m
Völkl Performance Wear Hires Northwest Territory Reps
Völkl Performance Wear has hired Gordy Bolstad and Barry Galvin, to cover the states of Alaska, Idaho, Montana, Oregon and Washington. Völkl Performance Wear will compliment their other lines which include Völkl Skis and Tecnica Boots…
Timberland Acquires SmartWool in $82 Million Deal
The Timberland Company has signed a definitive agreement to acquire 100% of the outstanding stock of SmartWool Corporation, from RAF Industries, Inc. and the Stripes Group LLC. The purchase price is estimated to be approximately $82 million and will be f
Kohl’s October Comps Rise 6.2%
Kohl's Corporation sales for the month of October increased 16.8% over 2004. On a comparable store basis, sales increased 6.2%. For the year-to-date 2005, total sales were up 14.8% while comparable store sales increased 3.9%…
Shoe Carnival October Comps Jump 21.2%
Shoe Carnival, Inc. sales for the month of October increased 24.3% to $49.8 million from sales of $40.0
million for the same month in 2004. Comparable store
sales increased 21.2% for the month. Total sales for the third quarter increased 12.3% to $182.
Target October Comps Rise 5.7%; Sales Jump 11.6%
Target Corporation reported that net retail sales for the month of October increased 11.6% to $3.694 billion from $3.311 billion last year. Comparable-store sales increased 5.7% for the month. The sales plan for the month originally called for a comparabl
The Buckle’s Comps Climb 4.3% in October
The Buckle, Inc. sales for the month of October
increased by 9.5% to $39.2 million from sales of
$35.8 million in the corresponding four-week period
ended October 30, 2004. Comparable-store sales rose
4.3%…
Federated Sees October Comps Slip 0.7%
Federated Department Stores, Inc. reported comparable-store sales for the month of October slipped 0.7%. Total sales inlcuding the recently acquired May Company stores were $2.138 billion, an increase of 92.9% compared to total sales of $1.108 billion in
Goody’s October Comps Rise 2.5%; Q3 Comps Dip 0.9%
Goody's Family Clothing, Inc. reported total sales for October 2005 rose 6.8% to $103 million from $96.4 million for the same period last year. Comparable store sales were up 2.5% for the month. For the third quarter, sales rose 3.7% to $295.2 mill
Warnaco Sees Swimwear Help Slight Sales Gain
The Warnaco Group, Inc. reported net revenues increased to $327.7 million for the third quarter, from $324.4 million last year. Swimwear group revenues outpaced the prior year period and offset slight revenue declines in the Sportswear Group and Intimate
Pacific Sunwear Ups Guidance on 7.9% October Comp-Store Increase
Pacific Sunwear of California, Inc. total sales for the month of October were $88.0 million, an increase of 17.4% over total sales of $75.0 million during the same period last year. Total Company same store sales increased 7.9% during the same period. By
Gottschalks Sees October Comps Decline 1.4%
Gottschalks Inc. reported that same-store sales for the month of October 2005 decreased 1.4% from the prior year. Total sales for the month increased 0.4% to $44.0 million from $43.8 million in October 2004. Third quarter of comps decreased 0.5%…
ShopKo Octomer Same-Store Sales Decline 3.2%
ShopKo Stores, Inc. reported that consolidated sales for the four weeks ended October 29, 2005 decreased 3.2% to $221.5 million from $228.7 million during the same period last year. Consolidated comparable store sales decreased 2.4% for the four week peri
J. C. Penney October Comps Increase 2.4%
J. C. Penney Company, Inc. comparable department store sales increased 2.4% for the month of October. Comparable store sales were in-line with guidance of a low-single digit increase, and come on top of a 1.8% increase in last year's October period.
