SGB Update Outdoor

RECALL: Haro Bicycles

About 510 Masi Evoluzione and Gran Corsa Bicycles from Haro Bicycles are being recalled.

Urban Outfitters’ Q4 Comps Decline 7 Percent

Urban Outfitters Inc. reported total company net sales for the three months ended January 31 decreased 6.9 percent over the same period last year to $1.09 billion. Comparable Retail segment net sales decreased 7 percent.

Ross Stores Q4 Comps Drop 6 Percent

Ross Stores Inc. reported earnings fell 47.8 percent in the fourth quarter as same-store sales declined 6 percent. The off-pricer said an upsurge of the virus resulted in lower traffic, especially in California, its largest state.

Big 5’s Q4 Profits Soar, Forecasts Strong First Quarter

Big 5 Sporting Goods Corp. reported a significant hike in earnings in the year ended January 3 as same-store sales jumped 10.5 percent. The sporting goods chain also hiked its dividend by 50 percent and predicted same-store in the first quarter would climb approximately 20 percent.

Globe International Sees 60 Percent Growth In First Half

Globe International Limited, based in Melbourne, reported a significant increase in sales and profitability in the first half ended December 31. The company’s four brands, Impala, FXD, Globe and Salty Crew, all grew.

Target’s Q4 Earnings Run Up 58 Percent

Target Corp. reported adjusted EPS in the fourth quarter improved 58.0 percent to $2.67 from $1.69 a year ago and ahead of Wall Street’s consensus estimate of $2.49. Same-store sales grew 6.9 percent.

Nike’s GM North America Exits

Nike Inc. announced that Ann Hebert, vice president and general manager, North America geography, has departed from the company, effective today, March 1.