SGB Update

Zumiez’s Q3 Earnings Climb 11 Percent

Zumiez Inc. reported earnings for the third quarter ended October 28 rose 11.2 percent, reaching the high-end of guidance. Same-store sales rose 7.9 percent to top guidance.

Golf Rounds Sink In October

According to Golf Datatech, golf rounds played were down 4.1 percent in October 2017 compared to October 2016.  

Columbia And Icebug Partner With Michelin

Columbia and Icebug are the two latest footwear manufacturers to adopt Ice Control Technology developed by the R&D department of Michelin Technical Soles, based in Verona, Italy.

Leave No Trace Center for Outdoor Ethics Announces 2018 Hot Spot Location

With more than 12 billion people visiting public lands each year, the need for Leave No Trace outdoor education is greater than ever before. As part of the Leave No Trace Center for Outdoor Ethics’ Leave No Trace In Every Park initiative, the Hot Spot program is now in its seventh year, having trained more than 50,000 people.

Marcato Sends Letter To Deckers Stockholders 

Marcato Capital Management LP, the activist shareholder group seeking to replace Deckers Brand’s board with its own candidates, is sending a letter to Deckers’ stockholders “urging them to hold Deckers’ Board of Directors accountable for their lack of transparency and oversight, and Deckers’ chronic underperformance” by voting  for its slate of candidates. 

Perry Ellis Q3 Reaches Upper End Of Guidance

Perry Ellis International reported that both sales and earnings landed in the upper end of its guidance in the third quarter. Sales were driven by strength across its core brands including Perry Ellis, Original Penguin, Nike swim, Golf, as well as Rafaella.

The Buckle’s Comps Slide In November

The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended November 25, 2017 decreased 3.6 percent…

HanesBrands To Favorably Amend Senior Secured Credit Facility

HanesBrands announced that it has initiated the process to favorably amend its senior secured credit facility to take advantage of credit market conditions and the company’s strong financial performance and cash generation.