SGB Update Outdoor
Russell Corp. Issues Profit Warning for Q3
Russell Corporation revised its earnings expectations for the 2003-third quarter and 2003-fiscal year, primarily citing difficult conditions in the Artwear channel. The company now forecasts earnings for the 2003-third quarter ending October 5, 2003 to b
JM Dutton Maintains
J.M. Dutton & Associates continues its quarterly coverage of Deckers Outdoor maintaining a Buy rating. The 8-page report by J.M. Dutton senior analyst Gerald LaKarnafeaux, CFA, is available at www.jmdutton.com as well as from Bloomberg, Zacks, First Call,
LA Times Launches New Outdoors Section
Southern California is widely recognized for its diverse geography and adventurous outdoor recreation. Starting today, the Los Angeles Times is launching Outdoors, a new weekly section that will be the definitive source of journalism about nature, outdoor
Paul Adams Is TUBBS new Marketing Coordinator
Tubbs Snowshoes has named Paul Adams to the position of Marketing Program Coordinator.
Adams will oversee Tubbs event series, including the Tubbs Romp to Stomp Out Breast Cancer Event Series which has been expanded to five locations this season.
Johnson Outdoors Files Suit Against Former Diving Chief
Mahmoud Ashour has been named in a civil suit filed by Johnson Outdoors. According to the lawsuit, Ashour was dismissed from the company earlier last week after JOUT announced they were looking for a replacement.
The company claims that their former Eur
Accessory Brands Nets NBA Deal
Accessory Brands Inc. announced it had won the license to sell and market the National Basketball Association licensed accessory items. The company did not disclose financial details of the deal but said it covers the NBA, NBA4her, NBA Bigman, and Hardwo
West Marine Cuts Forecast on Poor Labor Day Sales
West Marine's CEO said that Labor Day weekend sales were “disappointing” and that WMAR is now running running low single-digit negative comparable store sales month-to-date in September. WMAR now expects Q3 EPS in the 37 cents to 39 cents range on s
Asics to Sponsor Freestyle Wresting Chamionships
ASICS will partner with USA Wrestling to be the official footwear, apparel, and accessory sponsor of the 2003 World Championships of Freestyle Wrestling to be held September 12-14, 2003 at one of the world's most famous arenas, Madison Square Garden
Wal-Mart August Comp Sales Up 6.9%
Wal-Mart Stores reported net sales for the four-week period ending August 29, 2003, of $19.533 billion, an increase of 13.7% over the $17.182 billion in the similar period in the prior year. Sales for the thirty week period were $140.120 billion, an incr
NSGA Retail Footwear Survey Confirms H1 Woes
According to a National Sporting Goods Association Market Survey, retail sales of athletic footwear slipped 4.4% during the six-month period, October 2002 through March 2003. Sales for the six-month reporting period were $6.24 billion versus $6.52 billion
Elder-Beerman August Comps Fall 9.5%
Comparable store sales for The Elder-Beerman Stores decreased 9.5% for the four weeks ended August 30, 2003 compared to the four weeks ended August 31, 2002. Total store sales decreased by 9.9% to $41.4 million versus the same period last year.For the yea
Wet Seal Comps Decline 10.7% in August
The Wet Seal reported net sales for the four-week period, ended August 30, 2003, of $50.4 million. This compares with net sales of $54.0 million for the same period 2002. Comparable store sales for August this year declined 10.7 percent, versus a comparab
Sears August Comps Up 3.9%
Sears, Roebuck and Co. announced that comparable domestic store revenues increased 3.9% for the four weeks ended Aug. 30, 2003. Total domestic store revenues were $2.1 billion in August 2003, up 4.1% compared with the four weeks ended Aug. 31, 2002. Year
August Comps at Nordstrom Are Up 3.2%
Nordstrom reported preliminary sales of $402.6 million for the four-week period ending August 30, 2003, an increase of 11.3% compared to sales of $361.7 million for the four-week period ending August 31, 2002. Same-store sales increased 3.2%. Year-to-dat
Gap August Comps Climb 4% – up 10% YTD
Gap Inc. reported net sales of $1.22 billion for the four-week period ended August 30, 2003, which represents a 5% increase compared with net sales of $1.16 billion for the same period 2002. The company's comparable store sales for August 2003 increa
