SGB Update

Costco Comps up 11% in February

Costco Wholesale Corporation announced its operating results for the 4-week retail reporting month of February. The Company today reported net sales of $3.49 billion for the 4-week retail reporting month of February, the four weeks ended February 29, 200

Saks Inc Posts 14.7% February Comp sIncrease

Saks Incorporated announced that for the four weeks ended February 28, 2004 compared to the four weeks ended March 1, 2003 total sales increased 16.1% and comparable store sales increased 14.7% on a total company basis. By segment, comparable store sales

Sea to Summit Sees 120% Growth

Sea to Summit, manufacturer of backpacking and travel accessories, experienced 120-percent growth in 2003.
On the heels of this success, Sea to Summit principle Andrew Dunbar expanded the product offerings in the Sea to Summit line to the U.S. market and

Swartz Family Sells 3.3 mm TBL Shares

The Timberland Company announced that members of the Swartz family and The Swartz Foundation have entered into an agreement to sell 3,261,221 shares of Timberland Class A Common Stock in an underwritten offering through Morgan Stanley…

Ashworth Fiscal Q1 Net Income Up on 2.6% Sales Gain

Ashworth, Inc. reported that consolidated net revenue for the first quarter ended January 31, 2003 increased 2.6% to $27.3 million as compared to $26.6 million for the first quarter of 2003. Consolidated first quarter net income increased to $134,000, or

K-Swiss Signs New Japanese Distributor

K-Swiss Inc. has replaced its existing distributor in Japan and signed a three-year distribution and trademark license agreement with MoonStar Chemical Corporation, a 130-year-old footwear distributor based in Kurume, Japan. The agreement expires in June

Foot Locker Q4 Net Income Up 25%; Sales Up 10%

Foot Locker, Inc. reported income from continuing operations for the fourth quarter ended January 31, 2004 increased 48% to $71 million, or 47 cents per share, compared with $48 million, or 33 cents per share, last year. Sales for this year's fourth

Pacific Sunwear Q4 Net Jumps 48%; Comps Increase 12%

Pacific Sunwear of California, Inc. reported that net income for the fourth quarter increased 48% to $34.3 million, or 43 cents per diluted share, compared to $23.2 million, or 31 per diluted share, for fiscal Q4 2002. Total sales for Q4 ended January 31,

Pacific Sunwear Continues Double-Digit Comp Gains in February

Pacific Sunwear of California Inc. reported that total sales for the four weeks of February of fiscal 2004 were $67.7 million, an increase of 26.8% over total sales of $53.4 million for the four weeks of February of fiscal 2003. Company same store sales i

Coastcast Cuts Q4 Net Loss 77% as Sales Increase 26%

Coastcast Corporation reported sales for the fourth quarter of 2003 increased 25.6% to $10.2 million from $8.1 million in the year earlier quarter. The net loss for the quarter narrowed considerably to $574,000, or 8 cents per diluted share, versus a net

Callaway Expands Trade In Program to Include Other Brands

Callaway Golf Company announced plans to expand its successful Trade In! Trade Up! program to include products from other golf brands. Acting on strong feedback from consumers and retailers, Trade In! Trade Up! will now make it easy for owners of other ma

NRF: Retail Execs Saw February Increases

The American consumer continued to shop and spend at high levels in February, according to the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation (NRF). The Retail Sector Performance Index (RSPI) dipped

Mavis to Oversee All Product at Brooks

Brooks Sports, Inc. has elevated Stan Mavis to senior vice president of product. Formerly senior vice president of apparel and accessories, Mavis will now take on new footwear management responsibilities to help Brooks leverage recent brand and category g

La Sportiva Lowers Prices on Rock-Climbing Shoes

La Sportiva is lowering wholesale/MSRP prices on all Italian-made rock shoes by 15% to 20%, as reported in The B.O.S.S. Report (BOSS_0405). This means the award-winning Testarossa, formerly $160, will now cost $130. The Venom, its slipper counterpa