SGB Update

Play it Again Parent Sees Flat Profits in Q3

Winmark Corporation, parent company of Play it Again Sports, reported net income for the third quarter ended September 27, 2003 of $1.1 million, or $.17 per share diluted, which essentailly flat to the year-ago period. Revenue for the quarter declined 2.

Worth Named Official Ball for Softball Canada

Worth, Inc. (Worth-Canada) and Softball Canada, have reached a new long-term agreement that will begin January 2004. Worth will now be the Official Ball used at Softball Canada's FastPitch and Slo-Pitch Canadian Championships, as well as National Te

Reebok Inks Official Supplier Deal with CFL

Reebok International Ltd. has inked a multi-year, multi-million-dollar deal with the nine city Canadian Football League. Terms of the deal between the CFL and Reebok Canada were not disclosed. The agreement makes Reebok the official on-field and sidelin

Greg Norman Collection Signs PGA of America Deal

The PGA of America and Greg Norman Collection have formed a multi-year sponsorship program that will touch The PGA Club Professional Championship, Golf Retirement Plus™, and the 2004 PGA Championship and Ryder Cup Matches…

Cybex is Recalling Treadmills Due to Fire Hazard

Cybex, in cooperation with the Consumer Products Safety Commission, is recalling 33,719 units of its Cybex and Trotter treadmills due to a potential fire hazard. The CPSC said consumers should stop using the product immediately because overheating and ig

TSA Ups Forecast on Stronger Q3 Comps…

The Sports Authority, Inc. reported early Monday morning that, “based on recent trends”, the newly merged entity expects to see total sales for the third quarter ending November 1, 2003 to be approximately $550 million, with a comparable store sales incre

Kelty Taps Mountainsmith

Kelty this week tapped Gail Ross as their new Backpack Product Manager. Ross joins Kelty from her post as Director of Development for Mountainsmith and 105 Meridien, and brings nearly 20 years of relevant experience to the position. In her new role, Ross

VF Corp Promotes Cordoro to CFO of Sportswear Coalition

VF Corporation announced that Bob Cordaro has been named Vice President and Chief Financial Officer for the VF Sportswear Coalition. Mr. Cordaro currently serves as Vice President – Controller for VF Corporation…

Stein Mart September Comps Down 3.3%

Stein Mart's Total sales for the five-week September period were $124.4 million, a 3.1 percent decrease from the $128.4 million in sales for the same period in 2002. Comparable store sales for September decreased 3.3 percent from 2002 to 2003…

September Comps Down 1.7% For ShopKo

ShopKo Stores consolidated sales for the five weeks ended October 4, 2003 decreased 1.9 % to $266.8 million from $272.0 million during the same period last year. Consolidated comparable store sales decreased 1.7%…

PacSun September Comps Jump 18.5%

Pacific Sunwear reported that total sales for the five weeks of September, 2003 were $81.9 million, an increase of 29.0% over total sales of $63.5 million for the five weeks of September, 2002. Company same store sales increased 18.5% for the comparable f

September Wet Seal Comps Drop 10%

The Wet Seal reported net sales for the five-week period, ended October 4, 2003, of $47.9 million, compared to net sales of $50.3 million for the same period a year ago. Comparable store sales for September this year declined 10.0 %, versus a comparable s

Famous Footwear September Comps Up 3.2%

Brown Shoe Company, Inc. announced September retail sales at Famous Footwear increased 4.5 percent to $95,500,000 for the five-week period ended Oct. 4, 2003, compared to $91,400,000 for the same period last year (ended Oct. 5, 2002). Same-store sales fo

Footstar Athletic Q3 Comps Up 1.2%

Total Footstar comparable store sales for the thirteen-week period ended September 27, 2003 declined 1.5%. Comps for the athletic segment increased 1.2% and comparable store sales at Meldisco decreased 4.3%. Total Q3 sales were down 13.7%. Total sales f

Federated September Comps Up 3.2%

Federated Department Stores total sales were $1.352 billion for the five weeks ended October 4, 2003. This represents an increase of 3.0 % compared to total sales of $1.314 billion in the same period last year. On a same-store basis, Federated's Sept