Gander Mountain Swings to Third Quarter Profit
Gander Mountain Company reported sales of $269.9 million for the quarter ended Nov. 1, 2008, an increase of 4% over the prior year period. Comparable store sales decreased 6.5%. Net income for the third quarter was $770,000, or 3 cents per share, compared
Johnson Outdoors Posts Q4 Loss After Charges; Revenues Slide 6.3%
Johnson Outdoors Inc. said it swung to a fourth-quarter ending Oct. 3 loss of $74.6 million, or $8.18 a share, after recording asset impairment charges and a deferred tax asset valuation allowance. It earned $900,000, or 10 cents a share, in the prior-yea
West 49 Q3 Comps Increase 2.1%; Net Down
West 49 Inc. reported net sales growth of 4.4% to $61.7 million (U.S. $45.7 million) in the third quarter ended Oct. 25. Comparable store sales increased 2.1% on a consolidated basis, including growth of 0.7% for the West 49 banner. Net income for Canada&
Precor Building Plant in North Carolina
Precor Inc. will invest $26.2 million to build a manufacturing facility in Greensboro, NC that will create 142 jobs during the next three years…
Traub Leaves Board at NexCen
NexCen Brands, Inc. said Marvin Traub has resigned from its board of directors, effective Dec. 4, 2008…
Nike Foundation Focuses on AIDS Awareness for Girls
Against the backdrop of World AIDS Week, the Nike Foundation has launched a global effort with government partners to put adolescent girls in developing countries at the center of HIV-prevention strategies…
Dept. of Interior Changes Rules Regarding Guns in National Parks
The U.S. Department of the Interior (DOI), through the National Park Service and U.S. Fish and Wildlife Service, has announced the final amended version of its changes to rules on carrying of firearms in national parks and wildlife refuges…
First Shoebox Opened in Asia
NexCen Brands, Inc. opened its first international Shoebox New York store in Hanoi, Vietnam. The store held its grand opening on November 28th with a traditional ribbon cutting ceremony. In the first three days following the opening, Shoebox New York sold
Puma Forms UK Team Sports Alliance
Puma has teamed up with Genesis Group International Ltd., its exclusive licensee for pro teamsports in the UK and Ireland, to target grassroots football and rugby teams through a new website www.thekitteam.com…
Gottschalks November Comps Fall 13%
Gottschalks Inc. same store sales for the month of November decreased 13.0% from the prior year. Total sales for the four-week period decreased 15.3% to $52.2 million compared to $61.6 million in the same period of fiscal 2007. On a year-to-date basis, wh
Billabong Cuts EPS Forecast on Weakening US Sales
Billabong International Limited nearly halved its guidance on EPS growth for fiscal 2008-09, citing further deterioration in consumer sales, primarily in the United States. The world's largest publicly traded surf company said forward orders remain g
Nov. Comps Slide 13% at Macy’s
Macy’s, Inc. reported total sales of $2.33 billion for the four weeks ended Nov. 29, 2008, a decrease of 14.1% compared to total sales of $2.70 billion in the four weeks ended Dec. 1, 2007…
Nordstrom’s Fined Over Kid’s Hoodies
Nordstrom Inc. has agreed to pay a $60,000 civil penalty to settle allegations that it knowingly failed to report to the Consumer Product Safety Commission immediately, as required by federal law, that its children's hooded jackets and sweaters were
Wal-Mart U.S. Sales Rise 6.5% in November
Sales rose 6.5% and 1.4% at U.S. Wal-Mart and Sam’s Club stores for the four weeks ended Nov. 28, 2008, on comp store gains (excluding fuel) of 3.4% and 3.5% respectively. However, a stronger dollar caused the discounter’s international sales to decline 1
Sportsman’s Warehouse HQ Likely to Remain in Utah
The Canadian agricultural co-op that has signed an MOU to buy Utah-based Sportsman's Warehouse expects to eventually combine the chain with a Canadian chain it bought earlier this year under a single brand, according to a report by New West. Expansio
