SGB Update Outdoor

Payless July Comps Drop 6.5%

Payless ShoeSource same-store sales decreased 6.5% during the July reporting period, the four weeks ended July 31, 2004. Company sales totaled $192.0 million, a 5.7 percent decrease from $203.6 million during fiscal July of last year…

Target Stores July Comps Up 4.1%

Target Corporation reported that its net retail sales for the four weeks ended July 31, 2004 increased 8.8% to $3.59 billion from $3.30 billion for the four-week period ended August 2, 2003. On this same basis, comparable-store sales increased 3.8% from f

TJX July Same-Store Sales Increase 3.0%

The TJX Companies, Inc. reported sales for the four-week period ended July 31, 2004, were $1.0 billion, up 12% over $899 million achieved during the four-week period ended August 2, 2003. Consolidated comparable store sales for the four-week period ended

Shoe Carnival July Comps Down 6.3% on Tax Day Shift

Shoe Carnival, Inc. reported sales for the four-week period ended July 31, 2004 were $46.4 million compared to sales of $47.2 million for the four-week period ended August 2, 2003. Comparable store sales decreased 6.3% in July 2004. During the first thre

Foot Locker Second Quarter Comp Sales Dip 0.5%

Foot Locker, Inc. reported sales for the 13-week period ended July 31, 2004 of $1.27 billion, versus $1.12 billion in the comparable period last year, an increase of 12.9%, which includes the addition of 350 Footaction stores and expansion in Europe. For

Wal-Mart Gets Sam’s Lift to Post 3.2% July Comp Sales Gain

Wal-Mart Stores, Inc. reported net sales for the four-week period ending July 30, 2004, of $20.6 billion, an increase of 10.9% over the $18.6 billion in the same four-week period in the prior year. Wal-Mart comps were up 2.4% and Sam's Club comps we

May D.S. July Comps Fall 5.0%

The May Department Stores preliminary net sales were $817.9 million for the four-week period ended July 31, 2004, a 5.3% decrease from $863.4 million in the similar period last year. Store-for-store sales decreased 5.5%. July store-for-store sales decre

Sportsman’s Guide Q2 Income Jumps 23% on 2.3% Sales Increase

The Sportsman's Guide reported sales for the second quarter 2004 were $38.9 million compared to the $38.0 million reported for the same period one year ago. The Company reported net earnings of $797,000, or $0.15 per fully diluted share for the quar

Gravis Expands Management Team…

Gravis footwear has added three new Director-level employees as part of a new emphasis by the Burton senior management team on the division. Anne-Marie Dacyshyn is the new Director of Product Marketing, Jason Heffron is the new Director of Marketing Commu

Aldila Rides Golf Surge to Q2 Profits…

Despite concerns about the health of the golf business, particularly with Callaway’s recent revelations, Aldila experienced a breakout quarter in Q2 as net sales jumped 44.4% to $14.3 million versus $9.9 million in the year-ago period. The increase was c

Golf Rounds Increase Slow in Q2…

The National Golf Foundation is reporting that total golf rounds played in the U.S. were up 2.5% for the first six months of the year when compared to the YTD period last year, but increased just 0.9% in the second quarter after a nice start in April…

GSI Commerce Slows Cash Burn Rate…

GSI Commerce increased second quarter net revenues 28% to $64.7 million compared to net revenues of $50.3 million in the year-ago period. Gross margin improved 500 basis points to 38.8% of sales versus 33.8% in Q2 last year. GSIC narrowed its net loss f

Unifi Makes Progress, but Still Bleeding Red Ink…

Unifi reported that net sales for the company’s fiscal fourth quarter declined 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margin was a meager 5.9%, a 270 basis point decline from the 8.6% margins reported last

Russell Corp. Organic Sales Up 3%; Earnings Up 52%

Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma

Indigo Grows Across all Seasons

As Indigo Equipment prepares to introduce several new lines of summer-oriented outdoor gear at the Outdoor Retailer show, the two-year-old company is seeing solid results as its mix of products evolves: As of July, more than half of Indigo’s spring/summer