Nordstrom Q2 Earnings Up 82% on 3.9% Comp Store Gain
Nordstrom, Inc. reported net earnings of $65.9 million, or $0.48 per diluted share, for the second quarter of 2003, compared to net earnings of $36.3 million, or $0.27 per sdiluted share, in the year-ago period. Net sales for the second quarter of 2003 i
GolfGear Narrows Q2 Loss on Stronger Margins
GolfGear International Inc. reported net sales of $643,257 for the second quarter of 2003, a 66.6% increase over the $386,066 recorded for the same quarter last year. Gross margin for the second quarter increased from 10% to 47.2%, yielding a net loss of
The Wet Seal Shuffles Executives
The Wet Seal, Inc. has appointed Allan D. Haims as President of the Wet Seal division and fashion designer Victor Alfaro as Senior Vice President, Creative Director. Susan O'Toole, the current president of the division, will take on the new role as
Goody’s Q2 Earnings Jump 465%
Goody's Family Clothing, Inc. reported net earnings of $7.1 million, or $0.21 per diluted share, for the thirteen weeks ended August 2, 2003, compared with net earnings of $1.3 million, or $0.04 per diluted share, for the year-ago period. Sales for
Ross Stores Q2 Net Earnings Up 10% on Flat Comps
Ross Stores, Inc. reported that net earnings for the fiscal second quarter period were $54.6 million, or 70 cents per share, compared to $49.7 million, or 62 cents per share, for the year-ago quarter. Current year second quarter sales rose 10% to $966 mi
Court Denies Oakley Action Against JOFA, THC
The U.S District Court for the Central District of California has denied Oakley, Inc.'s application for a temporary restraining order against The Hockey Company and JOFA AB. Oakley filed its lawsuit July 31, 2003 alleging that the JOFA IMAGE visor,
D’Aloia Named President and COO of Huffy Corp.
Huffy Corporation announced Wednesday that the Board of Directors has elected Paul R. D'Aloia to the position of President and Chief Operating Officer of the Corporation. D'Aloia was most recently President and General Manager of the Huffy Spor
Dillard’s Posts $50mm Q2 Loss on 5% Comp Store Decline
Dillard's, Inc. reported sales for the 13 weeks ended August 2, 2003 dipped 5.0% to $1.7 billion, compared to sales of $1.8 billion in Q2 2002. Sales in comparable stores for the 13-week period decreased 5%. Net loss for the qurater was $50.4 milli
Shoe Carnival Q2 Net Income Falls 57% on 3.0% Comp Store Decline
Shoe Carnival, Inc. announced net income for the second quarter of fiscal 2003 was $1.5 million, or $0.12 per diluted share, compared with net income of $3.6 million, or $0.27 per diluted share, in the second quarter of fiscal 2002. Net sales increased 7
Anti-Trust Waiting Period Ends for VF-Nautica Merger
VF Corporation announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the previously announced merger between Nautica Enterprises, Inc. and a wholly-owned subsidiary of VF expired at 1
Hibbett Q2 Earnings Jump 22% on Comp Store Uptick
Hibbett Sporting Goods, Inc. reported that net sales for its fuscal second quarter increased 8.8% to $71.7 million compared with $65.9 million for the year-ago period. Comparable store sales increased 1.1%. Net income for the second fiscal quarter increa
Famous Footwear Q2 Operating Earnings Almost Double; Brown Earnings Up 61%
Brown Shoe Company, Inc. reported net earnings increased 61.2% to $11.6 million for the second fiscal quarter, compared to year-ago earnings of $7.2 million. Diluted EPS were up 55.0% to $0.62. Consolidated net sales for Q2 inched up 0.5% to $458.4 mill
Nike Moves Caramelo Anthony to Jordan Brand
Jordan, a division of Nike, Inc., announced the addition of Carmelo Anthony to Team Jordan. The newly minted Nugget signed with Nike in June 2003 and will now be a part of the Jordan family, donning the Jumpman logo and joining other elite professional a
Woolrich Taps Rinder for VP Sales Slot
Roswell Brayton, President and CEO of Woolrich, Inc., announced the appointment of Jerry Rinder as vice president sales and domestic licensing. He will report directly to Brayton. Rinder comes to Woolrich after serving as vice president and general mana
Black Diamond Wins Moving Mountains Award
Black Diamond has been recognized as the 2003 Moving Mountain Industry Award Winner. Well-known within the outdoor not-for-profit community, Black Diamond received the award at the Outdoor Retailer Summer Market in Salt Lake City, Utah on Friday, August 1
