Ross Stores Sees Q3 Sales Growth Slow from Stronger First Half Trend
The CEO said the retailer needed to execute better but also cited a combination of severe weather during the quarter from Hurricanes Helene and Milton, along with unseasonably warm temperatures, that also negatively impacted results.
OluKai Opens First East Coast Location at Disney Springs, FL
The Disney Springs store will carry a curated assortment of OluKai active and island-inspired footwear.
The Buckle Posts Q3 Profit Decline on 3.2 Percent Sales Decline; E-Commerce Inches Up
Net income for the third quarter of fiscal 2024 was $44.2 million, or 88 cents per diluted share, compared with net income of $51.8 million, or $1.04 per diluted share in the prior-year third quarter.
Hydro Flask and Osprey Packs Parent Helen of Troy Expands Beauty Portfolio
Helen of Troy Limited, parent of the Hydro Flask, Osprey Packs and OXO businesses, has entered into a definitive merger agreement to acquire the business of Olive & June, LLC.
NBA’s Giannis Antetokounmpo Launches Build Your Legacy Ventures
BYL Ventures to focus on early-stage startups in the entertainment and media, sports, consumer products, and technology categories.
Woom Bikes USA Recalls Children’s Off, Off Air and Original 6 Bikes
This recall involves the Original 6 bikes from model years 2016 to 2020 and Off 5 and Off Air 5 and Off 6 and Off Air 6 bikes from model years 2019 to 2020.
Segway Recalls Segway Ninebot P100 KickScooters Due to Fall and Injury Hazard
The company has received 31 reports of broken front forks, including six reports of injuries, including a fracture, cuts, scrapes, bruises, and shoulder pain.
Torque Fitness Promotes Jaime Bugge to Director of National Accounts
Bugge will focus on growing Torque’s partnerships with national fitness chains, wellness centers and athletic performance facilities, helping to equip diverse and expanding markets with the company’s equipment.
Black Diamond Voluntarily Recalls Pieps Pro IPS Avalanche Transceiver
The recall involves the Pieps Pro IPS Avalanche Transceiver in conjunction with the U.S. Consumer Product Safety Commission and Health Canada due to an issue with the size of the battery compartment.
SP Connect Taps Creagh-Keller Sales for Mid-Atlantic and Southern Territories
The CK Sales team is led by Stephen Keller and includes Roberto Rivera, Ashley Moore, Bryan Richardson, Darren Poore, Brandon Vice, Rick Adams, and Tim Wisner.
Pickleball Kingdom Franchisees Expanding Tennessee Footprint to Knoxville
This new Knoxville club joins Pickleball Kingdom’s growing presence in Tennessee, with additional locations already underway in Nashville, Hendersonville, Memphis, Chattanooga, and Murfreesboro, solidifying the state as a hub for premier indoor pickleball.
Topgolf Breaks Ground on Second Venue in Minnesota
This is the second venue in Minnesota for parent company Topgolf Callaway Brands Corp. in addition to an existing venue in Minneapolis’ Brooklyn Center.
Gildan Activewear Launches Private Offering of Senior Unsecured Notes
The company intends to use the net proceeds of the offering for the repayment of indebtedness outstanding under its credit facilities and other general corporate purposes.
Cashion Rods Adds Industry Vet as New Operations Manager
With extensive experience managing OEM programs across the fishing industry, Reid McKinstry brings a wealth of knowledge and expertise that will further elevate Cashion’s OEM and private label fishing rods and blanks capabilities.
Shoe Carnival, Inc. Lowers Full-Year Sales Guidance on Calendar Shift, Warm Weather Impact
The parent of the Shoe Carnival, Rogan’s and Shoe Station retail banners, reported that Q3 net sales were $306.9 million as compared to $319.9 million in Q3 2023, with ~$20 million moving out of the third quarter due to the retail calendar shift.
