SGB Update

TRCP Decries House Defunding of Clean Water Act Guidance

As negotiations for fiscal year 2012 budgets continue in the U.S. House of Representatives, sportsmen-conservationists are criticizing a measure that would defund the administration's work on Clean Water Act guidance that is crucial to sustaining wet

Newman Elected 41st Ducks Unlimited President

Ducks Unlimited welcomed longtime volunteer and Louisiana resident John Newman as its 41st president at DU's national convention in Quebec City, Canada, last week. Newman succeeds John Pope, who now serves as chairman of the board…

Sport Chalet Notches First Profit in 13 Quarters

Sport Chalet reported net income reached $300,000, or 2 cents a share, in its fiscal fourth quarter ended April 3, 2011, against a loss of $300,000, or 2 cents, a year ago. The sporting goods retailer, based in Los Angeles, said it marked the first profit

Quiksilver Posts Steep Q2 Loss on Asia Pacific Charges

Quiksilver, Inc. reported revenues inched up 2.1 percent in the second quarter, to $478.1 million, but lost $83.3 million due largely to a major goodwill impairment charge and valuation allowances related to its Asia Pacific business. Pro-forma Adjusted E

The Buckle’s May Comps Climb 9 Percent

The Buckle, Inc. today that comparable store net sales, for stores open at least one year, for the four-week period ended May 28, 2011 increased 8.8 percent versus the year-ago month…

Jones Group to Acquire Kurt Geiger

The Jones Group, the parent of Nine West, has acquired Kurt Geiger, Europe's largest luxury shoe retailer from Graphite Capital, a United Kingdom mid-market private equity firm, for approximately $350 million in cash, inclusive of debt acquired…

Costco’s May Comps Up 17%

Costco Wholesale Corporation reported net sales of $7.14 billion for the month of May, the four weeks ended May 29, 2011, an increase of 17 percent from $6.09 billion during the similar period last year. Comparable stores sales in the United States, inclu

Nordstrom Same-Store Sales up 7.4 Percent

Nordstrom Inc. said that revenue at stores open at least a year gained 7.4 percent in May. For the four weeks that ended May 28, the company's total revenue rose 13 percent to $796 million…

Bon-Ton’s Q2 Comps Off 2.3% on Unfavorable Weather

The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended May 28, 2011 decreased 2.3% across its markets in the northern United States. Total sales decreased 2.9%. Sales of warm weather products were flat in May, marking an improv