Urban Outfitters’ Q4 Profits Decline 23 Percent, Miss Analyst Targets
Urban Outfitters, Inc.’s earnings slumped 23.2 percent in the fourth quarter and came in below analysts’ consensus estimates. Sales came in slightly ahead of targets with strength at its Anthropologie, Free People and Nuuly brands.
Big 5 SG Sees Q4 Same-Store Sales Fall 13 Percent; Margins And Earnings Shrink
Big 5 Sporting Goods Corporation reiterated its fiscal 2022 fourth quarter net sales were $238.3 million, compared to net sales of $273.4 million for the fourth quarter of fiscal 2021. Same-store sales decreased 13.2 percent for the fourth quarter of fiscal 2022 compared to the fourth quarter of fiscal 2021.
Campspot Boasts More Than 3 Million Camping Reservations In 2022
Campspot believes that 2022 solidified its designation as North America’s largest reservations platform and software provider for private campgrounds as the company drove record reservations for the year, surpassing more than three million gross campsite reservations made across its platform.
Report: Shift In Buyer Intentions Show Conditions Normalizing For Boating Market
The boating market began to normalize in 2022 as buyer interest shifted and the number of boats sold globally decreased for the first time since the pandemic-driven boom.
Ross Stores Top Q4 Expectations; Sees Flat Comps For 2023
Ross Stores Inc. reported earnings rose 21.9 percent in the fourth quarter ended January 28 as both earnings and sales topped guidance.
Mitchell & Ness Appoints Creative Director
Don Crawley (Don C), the high-end streetwear designer, was named creative director of premium products for Mitchell & Ness, which was acquired last year by Fanatics.
Yamaha Bikes Adds Northwest Regional Field Sales And Marketing Rep
Yamaha Bicycles hired Nate Espinosa as a field sales and marketing rep in the Northwest, working with retail partners in Northern California, Oregon, Washington, Idaho, Montana, Utah, Colorado, and Northern Nevada.
P.volve Makes Three Executive Appointments
P.volve hired Karina Kogan as a strategic advisor, promoted Antonietta Vicario to chief training officer and hired Katie Rosholt as senior vice president of marketing.
Kohl’s Names President And COO
Kohl’s hired Dave Alves as president and chief operating officer. Most recently, the 30-year retail veteran was president and chief retail officer for Bealls Retail Group.
RV Shipments Plunge In January As Towable RVs Fall By Two-Thirds
The RV Industry Association’s January 2023 survey of manufacturers found that total RV shipments ended the month with 20,405 units, a decrease of 61.8 percent compared to the record 53,351 units shipped in January 2022.
Kith Opens Second Store In Miami
Kith opened its second store in Miami in the city’s design district. Spanning two floors, the ground floor features men’s and womenswear, while the second-floor houses Major Food Group’s New York restaurant, Sadelle.
Wrangler, Lee Parent Posts Solid Q4 Results On Double-Digit U.S. Growth
Kontoor Brands, Inc. the lifestyle apparel company led by the Wrangler and Lee divested VF Corp. denim brands, reported fourth quarter revenue was $732 million, a 7 percent increase (+9 percent increase constant currency) over the prior-year comparable period. U.S. revenue was up 16 percent over the prior-year comparable period.
USA Archery Appoints Marketing And Communications Chief
USA Archery has appointed Richard Fleming as senior director of communications and marketing. Fleming brings with him more than 30 years in the sports industry as a writer, broadcast journalist, content creator, and digital and communications strategist.
MidwayUSA Names Outbound Logistics Manager
MidwayUSA recently promoted Kyle Smarr to logistics manager, outbound. He joined MidwayUSA in December 2008 as a logistics specialist and became the company’s logistics shipping supervisor in June 2020.
Target Ekes Out Fiscal Q4 Comp Sales Gain On Strong Traffic; Beats Expectations
Target Corporation reported that total comparable sales grew 0.7 percent in the fiscal fourth quarter ended January 28, reflecting comparable stores sales growth of 1.9 percent and a comparable digital sales decline of 3.6 percent.
