SGB Update Outdoor
Bon-Ton May Comps Increase 2.6%
The Bon-Ton Stores total sales for the four weeks ended May 29, 2004, increased 86.2% to $95.1 million, including $42.3 million from the acquired Elder-Beerman stores, compared to $51.1 million for the same period last year. Bon-Ton comparable store sales
May Comps Climb 2.9% at Federated
Federated Department Stores total sales were $1.172 billion for the four weeks ended May 29, 2004, an increase in total sales of 3.3 percent compared to total sales of $1.136 billion in the same period last year. On a same-store basis, Federated's Ma
TJX May Comps Increase 5%
The TJX Companies May 2004 sales for the four-week period ended May 29, 2004, were $1.1 billion, up 13% over the $975 million achieved during the four-week period ended May 31, 2003. Consolidated comparable store sales for the four-week period ended May 2
Target Corp May Comps Again Hurt by Mervyn’s Declines
Target Corporation reported that its net retail sales for the four weeks ended May 29, 2004 increased 10.6% to $3.544 billion from $3.203 billion for the four-week period ended May 31, 2003. Comparable-store sales increased 4.6% from fiscal May 2003. Tar
G-III Q1 Loss Widens on 11.8% Drop in Sales
G-III Apparel Group reported first quarter net sales of $16.5 million and a net loss of $4.8 million, or 68 cents per share, compared to net sales of $18.7 million and a net loss of $2.6 million, or 38 cents per share, during the comparable period last ye
Kellwood Q1 Earnings Up 19% on Phatter Sales
Kellwood Company reported that sales for the first quarter ended May 1, 2004 increased $14 million to $686 million, versus $672 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Ph
Nike Board Member Resigns Position
Dr. A. Michael Spence has resigned from the Nike Board of Directors effective May 31, 2004. Dr. Spence, 60, cited a desire to spend more time on his business and personal interests as the reason for his resignation. Dr. Spence joined Nike's board in
May Retail Comps Mostly Surprise and Delight…
While May retail sales results were tough to read as a trend and did not offer up any solid consensus on the health of retail, the reports issued last week by dozens of public companies did appear to re-affirm the feeling that the U.S. retail economy is i
The Finish Line Answers Critic with Q1 Performance…
The Finish Line left little doubt as to its current trend which appears to be onward and upward, at least in the footwear category. The mall specialty retailer saw May comp store sales jump 16%, with footwear posting a 20% increase and apparel a 2% decli
Forzani Q1 Net Earnings Jump 38% Despite Weaker Comps
The Forzani Group Ltd. reported that retail system sales for the first quarter ended May 2 grew by 2.8% to C$227.7 million compared to C$221.6 million for the year-ago period. Combined revenues from corporate and franchise divisions increased 3.3% over Q1
Dagger and Yakima Sponsor Clif Bar’s ‘Natural Energy Tour’
Dagger and Yakima have signed up as Premier level sponsors for this summer's Clif Bar “Natural Energy Tour” to spread the word about renewable energy and the reduction of global warming. Clif Bar will send a retrofitted bus run entirely on biodiesel
American Eagle May Comps Jump 11.4%
American Eagle Outfitters total sales for the four-week period ended May 29, 2004 increased 20.1% to $117.3 million, compared to $97.6 million last year. Comparable store sales for the American Eagle Outfitters stores increased 11.4% for the May period. C
Elsey Resigns as Footwear Specialties Chief
Wayne Elsey has resigned from Footwear Specialties International after a five year stint as President and CEO. FSI is the parent company to Nautilus, SkidBuster and Third Watch Footwear. “The company and people are poised for positive growth in the indust
New Era’s De Waal Named to Caps for Kids Board
New Era Cap Co. announced that John De Waal, Vice President of Global Marketing, was appointed membership on the National Advisory Board for Caps for Kids, a charity organization dedicated to providing celebrity-autographed caps for children undergoing ca
Currency FX Rates Limit Rossignol’s Full Year Sales…
Rossignol closed the books on the company’s 2004 fiscal year, which ended in March. The group showed a 1.1% decline in sales when measured in Euros, down from €484.9 million ($482.0 mm) in 2003 to €479.4 million ($563.7 mm) for the past year. With over ha
