SGB Update Outdoor

Academy Sports Appoints Board Member

Academy Sports and Outdoors Inc. announced the appointment of Tom Nealon to its Board of Directors, effective today.  With the addition of Nealon, Academy’s Board comprises ten directors.

VF Corp. Appoints Global Brand President, Timberland

VF Corporation announced the appointment of Susie Mulder as global brand president, Timberland. Mulder joins the Timberland brand from clothing brand NIC+ZOE where she served as CEO since April 2012.

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.