SGB Update

Warnaco Taps Former Brooks Brothers CEO the Head Company

The Warnaco Group, Inc. announced that it has named Joe Gromek President and Chief Executive Officer, effective April 15, 2003. He will succeed Tony Alvarez, who has served as President and CEO since November 2001. Gromek, 56, was also elected to Warnaco

Winmark Corp. Q1 Net Income Up 4.3%; Sales Fall 14%

Play it Again Sports parent Winmark Corporation announced net income for the quarter ended March 29, 2003 of $1,122,200 compared to net income of $1,075,900 for the first quarter of 2002. Diluted earnings were $.18 per share compared to $.17 per share in

Brass Eagle Issues Q1 Warning as Sales Plunge 33%

Brass Eagle Inc. expects to report net sales for the first quarter of $13.4 million versus $20.1 million for the same period last year. The Company expects to report diluted earnings per share loss of $0.03 for the first quarter compared to diluted earni

SGMA Lists Top 30 U.S. Participation Activities

Fitness activities and outdoor pursuits. Those two categories are now attracting the highest level of interest among sports participants in the U.S. That's the conclusion of SGMA International following an analysis of the Sports Participa

Fingerhut Direct Snags $100 Million to Get Started

Fingerhut Direct announced that it has received a $100 million senior secured line of credit comprised of a revolving line of credit secured by inventory and a bridge loan for consumer installment receivables. CIT Business Credit's Retail Finance Gro

Escalade Reports Small Q1 Profit on 5.0% SG Sales Gain

Escalade, Incorporated reports the company's seasonally slow first quarter got the year off to a satisfactory start. Sporting goods sales increased 5% to $11,179,000 as sales from prior year acquisitions more than offset slower sales of products wit

Nordstrom March Comps Decrease 1.7%

Nordstrom, Inc. reported preliminary sales of $518.0 million for the five-week period ending April 5, 2003, an increase of 2.9% compared to sales of $503.6 million for the five-week period ending April 6, 2002. Same-store sales decreased 1.7%, in-line wi

The Bon-Ton March Comp Store Sales Down 8.4%

The Bon-Ton Stores, Inc. announced sales for the five weeks ended April 5, 2003 decreased 9.0% to $54.3 million versus $59.7 million reported for the prior year period. Comparable store sales for the month decreased 8.4%…

The Buckle March Same-Store Sales Down 3.1%

The Buckle, Inc. announced that sales for the five-week period ended April 5, 2003 decreased 0.5 percent to $32.2 million from sales of $32.3 million in the corresponding five-week period ended April 6, 2002. Comparable store sales were down 3.1%…

Shoe Carnival March Comps Drop 11.2%

Shoe Carnival, Inc. reported sales for the five-week period ended April 5, 2003 decreased 0.5% to $54.6 million from sales of $54.8 million for the five-week period ended April 6, 2002. Comparable store sales decreased 11.2% in March 2003…

Pacific Sunwear March Comps Increase 9.5%

Pacific Sunwear of California, Inc. reported that total sales for the five weeks of March of fiscal 2003 were $84.5 million, an increase of 18.9% over total sales of $71.1 million for the five weeks of March of fiscal 2002. Company same store sales increa

Footstar Athletic March Comps Flat; Footaction Up

Footstar, Inc. reported that total sales for the first quarter ended March 29, 2003 decreased 12.9% to $482.1 million. Footstar's comparable store sales for the quarter decreased 5.3%. Comparable store sales at Meldisco decreased 10.9% and comparab

Famous Footwear March Comps Down 10.6%

Brown Shoe Company, Inc. announced March retail sales at Famous Footwear were $102,000,000 for the five-week period ended April 5, 2003, a 7.6% decrease compared to $110,400,000 for the same period last year (ended April 6, 2002). Due to the calendar shif

JC Penney DS March Comps Off 5.5%

J. C. Penney Company, Inc. reported that comparable department store sales decreased 5.5% for the five weeks ended March 29, 2003. Catalog sales decreased 13.1%. Internet sales, which are included in catalog, continue to perform well, and increased 19%…

Kohl’s March Same-Store Sales Inch Up 0.4%

Kohl's Corporation reported that sales for the five week period ended April 5, 2003, increased 21.7% over the five week period ended April 6, 2002. On a comparable store basis, sales increased 0.4%…