J.C. Penney Comps Drop 4.5%, Raises Q3 EPS Guidance
J.C. Penney Co., Inc. reported that comparable store sales for the four-week period ended Oct. 31, 2009, decreased 4.5%, slightly better than the company’s guidance for sales to decrease 5% to 8%. In last year’s October period, comparable sto
TJX’s October Comps Surge 10%, Hikes EPS Guidance
The TJX Cos. reported sales for the four-week period ended Oct. 31, were $1.7 billion, up 15% over the $1.5 billion achieved a year ago. Consolidated comps increased 10%…
Kohl’s Sees 4.9% Comp Gain, Raises Q3 EPS Guidance
Kohl’s Corp. reported sales for the four-week month ended Oct. 31, 2009 increased 4.9%. On a comparable store basis, sales increased 1.4%…
Under Armour Signs MMA Champ Georges St-Pierre to Endorsement Deal
Under Armour has signed Mixed Martial Arts (MMA) Welterweight Champion Georges St-Pierre to a multi-year endorsement deal. Under the terms of the agreement, St-Pierre, the 2008 Sportsnet Canadian Athlete of the Year, will serve as the face of Under Armour
Ross Stores Comps Jump 9%
Ross Stores, Inc. reported that sales for the four weeks ended Oct. 31 increased 14% to $557 million from $490 million a year ago. Same store sales for the month rose 9%…
Saks Comps Edge Up 0.7%
Saks Inc. announced that owned sales totaled $219.8 million for the four weeks ended Oct. 31, compared to $216.0 million a year ago, a 1.8% increase. Comparable store sales increased 0.7% for the month…
Neiman Marcus Reports 6% Same-Store Decline
Neiman Marcus, Inc. reported comparable-store sales in October declined 6%. Total sales were down 4.2% to $274 million…
Crocs Q3 Revenues Inch Up on Direct Segment; Swings to Profit
Crocs, Inc. reported revenues for the third quarter ended Sept. 30 increased 1.7% to $177.1 million compared to revenues of $174.2 million in the year ago period, ahead of the company’s guidance for revenues between $150 and $160 million. The compan
Spyder Places Two East Coast Rep Groups
Spyder Active Sports realigned its sales organizational structure in the Mid Atlantic and New England areas from three regions to two and hired two sales groups to represent the new territories The changes were made to provide a better communication and s
IZOD Named Title Sponsor of IndyCar Series
Phillips-Van Heusen Corp. announced a multi-year agreement in principle with the Indy Racing League (IRL), the sanctioning body for the IndyCar Series, for its IZOD brand to become the title sponsor of the newly renamed IZOD IndyCar Series…
Escalade Records Profit Despite Sharp Sales Drop
Escalade, Inc. reported net income for the third quarter of 2009 increased to $618,000, or 5 cents a share, against a loss of $1.37 million, or 11 cents, a year ago. Sporting Goods net revenues this quarter were down significantly compared with same quart
Nike Introduces N7 Collection
Nike Inc. will debut the Nike N7 Collection, a select range of performance footwear designed with the environment and the future of Native American communities in mind. The N7 Collection will be sold exclusively through 33 Nike Factory Stores in the U.S.
IEG: Spending On U.S. Marathons/Running Events Total $86.1 Million in ’09
North American-based companies will spend an estimated $86.1 million to sponsor marathons, triathlons, 10Ks and other running events this year, a 2.5% increase from the $84 million spent in '08, according to IEG, a sponsorship research and consulting
Osiris Shoes Names New CEO
Osiris Shoes named Tony Chen as president and CEO and Doug Weston as vice president. Chen and Weston are both founding partners of the company, and each have over twenty years of Action Sports and brand management. Chen previously served as the VP of Int
Ride Snowboards Names U.S. Sales/Mktg Manager
Ride Snowboards promoted Rockies sales rep Shawn Penrod to U.S. Sales & Marketing Manager, where he’ll serve as the liaison between the company and its reps and dealers. Penrod will also oversee domestic advertising, promotions, events and communica
