SGB Update

Zumiez Q3 Sales Inch Up 0.8%; Comps Fall 8.0%

Zumiez Inc. reported total net sales for the third quarter ended Oct. 31, 2009 increased 0.8% to $113.2 million from $112.2 million in the third quarter ended Nov. 1, 2008. The company posted net income for the quarter of $5.1 million or 17 cents per dilu

US Bank Extends FLW Outdoors Sponsorship

FLW Outdoors said US Bank has extended their sponsorship with FLW Outdoors, marking their 7th consecutive year as a sponsor and the official bank of FLW Outdoors. Terms of the agreement were not disclosed…

Charges Sink Foot Locker’s Q3; Sales Slide 7.3%

Foot Locker, Inc. reported a net loss of $6 million, or 4 cents per share, for the third quarter ended Oct. 31 after including $22 million, after tax, or 14 cents per share, of non-cash impairment charges to write down long-lived assets of the company&#03

VF Outdoor Launching Two New Value Backpack Brands

VF Outdoor, Inc., a subsidiary of VF Corporation is introducing the launch of two new backpack brands, Wolf Creek and L8R to service the sporting goods, mid-tier, mass and club channels in Fall 2010. VF Outdoor says the the Wolf Creek and L8R brands were

RECALL: Salomon Ski Bindings

About 10,000 alpine ski bindings from Salomon USA are being recalled. The toe component of the ski bindings could fail to fully secure the ski boot to the ski binding, causing the binding to release unexpectedly. This could cause the skier to lose control

Shoe Carnival’s Q3 Earnings Nearly Triple

Shoe Carnival, Inc. reported sales for the third quarter increased 12.6% to $191.5 million from $170.1 million a year ago, and jumped 10.2% on a same-store basis. Net earnings surged 188% to $7.5 million, or 59 cents a share, from $2.6 million, or 21 cent

Evolv Names Creative Director

Evolv, the climbing shoe brand, has added the artist Jeremy Collins to its management team in the role of creative director…

The Buckle Reports 9.8% Rise in Sales for Q3

The Buckle, Inc. reported net income rose 14.4% to $231.2 million on a revenue gain of 9.8% in the fiscal quarter ended Oct. 31, 2009. Comps sales for the 13-week period rose 4.3% at the chain, which focuses on selling jeans, graphic tees and other fashio

Nike Increases Dividend by 8%

Nike Inc. announced that its board of directors has declared a quarterly cash dividend of 27 cents per share on the company's outstanding Class A and Class B Common Stock…

Dick’s SG’s Q3 Earnings Increase Three-Fold, Comps Rise 1.9%

Dick's Sporting Goods, Inc. reported third-quarter earnings tripled to $18.9 million, or 16 cents per diluted share, from $6.2 million, or 5 cents per share. Results exceeded estimated earnings expectations provided on Aug. 20 of 4 to 7 cents a share

Acushnet Receives ‘Beacon for Energy’ Award

Acushnet Company, which is comprised of the Titleist, FootJoy and Cobra Golf brands, was named the recipient of the first Massachusetts Department of Energy Resources (DOER) “Beacon for Energy” award…

Orange 21 Q3 Sales Fall 21%

Orange 21 Inc. reported consolidated net sales for the three months ended Sept. 30, 2009 were $8.8 million compared to net sales of $12.0 million for the three months ended Sept. 30, 2008…

Cybex Names VP to Find Financing Partners

Cybex International, Inc., the manufacturer of premium exercise equipment for the commercial and consumer markets, announced Thomas J. Gordhamer has joined Cybex Capital as vice president…