Dick’s SG Q2 Results Exceed Forecast; Full Year Estimates Raised
Dick's Sporting Goods, Inc. reported net sales for the second quarter increased by 3.7% to $1.13 billion for the period ended August 1, 2009, due primarily to the opening of new stores and the addition of e-commerce sales, partially offset by a 4.1%
Sears Posts Loss on Charges, Weak Sales
Sears Holdings Corp. reported a loss of $94 million, or 79 cents a share, in its second quarter ended Aug 1. Excluding special items such as a 32 cents-a share charge for store closings and severance, and a 22 cents-per-share charge for domestic pension p
Former Marmot Designer Launches Jigsaw Pass
Jeff Blakely, former Marmot Director of Equipment, has launched Jigsaw Pass, a design cycle consulting firm. Jigsaw Pass will work to create outdoor lifestyle, clothing, and equipment for manufacturers and ultimately aimed at the outdoor athlete…
Study Reveals Mercury Contamination in Fish Nationwide
Scientists detected mercury contamination in every fish sampled in 291 streams across the country, according to a U.S. Geological Survey study…
POMA Taps Miller to Lead Organization
Recently, at the Annual Business Conference in St. Louis, MO, the Professional Outdoor Media Association (POMA) Board of Directors voted Bill Miller from a standing board member to a two-year term to lead the organization…
Rise in National Park Visitation Helps Local Economies
America’s national parks are seeing more visitors in 2009 than a year earlier, according to visitation information collected by the National Park Service (NPS). National park units serve as primary economic generators in local communities across Ame
Studio Ray Licensed to Produce Swimwear Under Izod Brand
Phillips-Van Heusen Corporation has licensed Studio Ray, a New York-based sportswear firm, to design, produce and market men’s, women’s and children’s swimwear under PVH’s iconic IZOD brand in the United States and its possessions
Sportsman’s Warehouse Gains $50 Million in Exit Financing
GE Capital, Corporate Finance has provided a $50 million plan of reorganization credit facility to Sportsman's Warehouse…
Secretary Salazar Announces Approval of Wetlands Mapping Standard
Secretary of the Interior Ken Salazar has announced the adoption of a Wetlands Mapping Standard that provides minimum requirements and guidelines for wetlands mapping efforts, according to a release by the U.S. Fish and Wildlife Service…
Bon-Ton Reports Q2 Sales Fall on Comp Weakness
The Bon-Ton Stores, Inc. reported comparable store sales for the second quarter of 2009 decreased 9.8%. Total sales for the thirteen weeks ended August 1, 2009 decreased 9.5% to $609.2 million compared with $673.4 million for the prior year period…
Stein-Mart Moves to Profit Despite Comps Slip
Stein-Mart, Inc. reported for the 13-week second quarter of 2009, the company's net earnings were $1.5 million, or 4 cents per share as compared to a net loss of $8.0 million, or 19 cents per share in 2008…
KOR Water Hires New Sales Reps
KOR Water hired new sales reps in three major U.S. regions: Allison Sales in New England; Sabine Bildstein in the Central States; and Bodhi Agency in the Upper Midwest…
Zumiez Suffers Loss on 18.8% Comp Decline
Zumiez Inc. reported sales decreased 7.7% for the second quarter ended Aug. 1, to $85.2 million from $92.3 million a year ago. The action sports retailer lost $3.1 million, or 10 cents a share, in the period after a charge of $1.3 million, or 3 cents a sh
PacSun Sees Q2 Sales Fall on 24% Comps Plummets
Pacific Sunwear of California, Inc. said net sales for the second quarter of fiscal 2009 ended August 1, 2009, were $243 million versus net sales from continuing operations of $313 million for the second quarter weeks) of fiscal 2008 ended August 2, 2008.
Hibbett’s Profits Plunge 77% in Q2
Hibbett Sports, Inc. reported second-quarter sales slid 5.5% to $123.1 million from $130.3 million a year ago. Comps were down 10.5%. Net income fell 77.1% to $1.1 million, or 4 cents a share, from $4.8 million, or 17 cents, a year ago…