SGB Update Outdoor
Thailand’s Largest Shoe Exporter Expects Double-Digit Growth
Despite limited growth in the global footwear industry in the first three months of this year, the Pan Group, Thailand's largest shoe exporter, is still confident of achieving double-digit revenue growth this year. The Pan Group, with 56 subsidia
Wolverine Sees Broader Brand Growth as Q1 Profits Rise 16%
Wolverine World Wide, Inc. saw first quarter 2003 revenue grow 8.0% to a record $191.5 million compared to the $177.3 million reported for the first quarter of 2002. EPS increased 20.0%, reaching a record $0.18 per share compared to the $0.15 per share r
Huffy Posts Q1 Loss as SGandA Increases Outpace Sales Gains
Huffy Corporation announced a loss for the first quarter of $1.4 million or $0.09 per common share, compared to earnings of $0.6 million or $0.06 per common share for the first quarter of 2002. Net sales for the quarter increased by 34% to $94.6 million
Footstar Sees Another Finance Exec Exit
Footstar, Inc. announced that Kathy Guinnessey, Vice President Finance and Treasurer, has decided to leave the Company effective April 18, 2003 to accept a position at another company. Ms. Guinnessey's responsibilities will be assumed by Stephen R.
Brass Eagle Issues Q1 Warning as Sales Plunge 33%
Brass Eagle Inc. expects to report net sales for the first quarter of $13.4 million versus $20.1 million for the same period last year. The Company expects to report diluted earnings per share loss of $0.03 for the first quarter compared to diluted earni
Footstar Athletic March Comps Flat; Footaction Up
Footstar, Inc. reported that total sales for the first quarter ended March 29, 2003 decreased 12.9% to $482.1 million. Footstar's comparable store sales for the quarter decreased 5.3%. Comparable store sales at Meldisco decreased 10.9% and comparab
Elder-Beerman March Comps Dip 4.0%
Comparable store sales for The Elder-Beerman Stores Corp. decreased 2.9% for the five weeks ended April 5, 2003 compared to the five weeks ended April 6, 2002. Total store sales decreased by 4.0% to $50.8 million versus the same period last year…
Federated March Comps Decrease 6.5%
Federated Department Stores, Inc. reported total sales of $1.233 billion for the five weeks ended April 5, 2003. This represents a decrease of 5.9 percent from total sales of $1.309 billion for the same period last year. On a same-store basis, Federated
May Company March Comps Decrease 11.4%
The May Department Stores Company reported preliminary net sales of $1.06 billion for the five-week period ended April 5, 2003, a 9.9% decrease from $1.18 billion in the similar period last year. Store-for-store sales decreased 11.4%…
Value City March Comp Store Sales Decreased 4.4%
Value City Department Stores, Inc. announced total sales for the five weeks ended April 5, 2003, increased 0.3% to $237.7 million from $237.0 million for the five weeks ended April 6, 2002. The company's same store sales decreased 4.4% for the five
Wal-Mart March Comps Inch Up 0.3%
Wal-Mart Stores, Inc. reported net sales for the five-week period ending April 4, 2003, of $23.175 billion, an increase of 7.8% over the $21.489 billion in the similar period in the prior year. Sales for the nine-week period were $41.971 billion, an incr
SGAA Mourns Passing of Al Nicholas
Al Nicholas, former SGAA 1993 Lifetime Sales Achievement Award recipient, passed away March 27, 2003, after a long illness. Nicholas, 74, had been in the sporting business since 1969 and opened his rep agency, Nicholas Associates in 1985.
Tare 7 Appoints Category Managers
TARE7 (T7), holding company of airwalk, genetic airwalk skateboarding, andy mac Footwear, and ALPHANUMERIC Footwear brands has appointed Andrew Shaddy Category Manager of ALPHANUMERIC Footwear and andy mac Footwear and Phil Shettig as Category Manager for
Phoenix Footwear Group in 2-for-1 Stock Split
Phoenix Footwear Group, Inc. announced that its Board of Directors has declared a 2-for-1 stock split of the Company's common stock. Shareholders of record at the close of business on the company's 2003 Annual Shareholder Meeting date will recei
Aussie Apparel Announces Three-For-One Stock Split
Aussie Apparel, Inc. announced that its board of directors approved a three-for-one stock split of the company's common stock. The forward split will be effective on Monday April 7th, 2003 to the holders of record of Aussie Apparel's common st
