Aeropostale February Comps Down 3.1%
Aeropostale, Inc. announced that total net sales for the four-week period ended March 1, 2003 increased 25.6% to $27.2 million, compared to $21.6 million for the four weeks ended March 2, 2002…
American Eagle February Comps Decline 7.0%
American Eagle Outfitters, Inc. announced that total sales for the four-week period ended March 1, 2003 increased 4.5% to $74.3 million, compared to $71.1 million for the four-week period ended March 2, 2002. Comparable store sales for the American Eagle
Nordstrom February Same-Store Sales Off 2.3%
Nordstrom, Inc. reported preliminary sales of $367.6 million for the four-week period ending March 1, 2003, an increase of 2.4% compared to sales of $359.1 million for the four-week period ending March 2, 2002…
Genesco 2002 Earnings Slip as Jarman Rocks
Genesco Inc. reported Journeys net sales increased 13% for Q4 2002 and same-store sales rose 1.0%. Journeys net sales for the year increased 14% to $436 million and same store sales were flat. Underground Station/Jarman Group Q4 sales increased 13% to $4
Variflex Narrows Fiscal Q2 Loss on 46% Sales Jump
Variflex, Inc. reported net sales increased 46% for the second fiscal quarter ended January 31, 2003 to $9.9 million. VFLX reported a net loss for the quarter of $670,000 or ($0.15) per diluted share, compared to a net loss of $1,494,000, or ($0.32) per
Saks Inc. Feb. Comps Take Hit From Winter Storms
Retailer Saks Incorporated announced that comparable store sales for the four weeks ended March 1, 2003 compared to the four weeks ended March 2, 2002 decreased 4.1% on a total company basis. By segment, comparable store sales increased 1.2% for SDSG and
Costco Fiscal Q2 Profit Shrinks on 8% Sales Gain
Costco Wholesale Corporation announced net sales for the second quarter of fiscal 2003 increased 8% to $9.92 billion from $9.21 billion during the second quarter of fiscal 2002. Net income for the second quarter of fiscal 2003 decreased 5% to $182.1 milli
Kohl’s 2002 Net Income Jumps 30% on 22% Sales Increase
Kohl's Corporation reported net income for the fiscal year ended Feb. 1, 2003, increased 29.8% to $643.4 million, or $1.87 per diluted share, compared to $495.7 million, or $1.45 per diluted share for the fiscal year ended February 2, 2002. Net sales
NSGA Report Shows Female Sneaker Purchase Decline
Although females continue to lead males as purchasers
of sports footwear, their lead decreased in 2002, according to data released by the National Sporting Goods Association (NSGA). For 2002, females purchased 53.1% of all sport footwear compared to 54.7%
TARE7 Appoints Nilson to Head Skateboard Division Sales
TARE7, owner of genetic airwalk skateboarding announced the appointment of Steve “Stix” Nilsen as the national sales manager of the genetic airwalk skateboarding division…
NSGA: Sporting Goods CPI Decrease Improves in January
The most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 101.6 for January, down 1.6% versus the January 2002 index. The drop was slightly less than the December decline of 1.8%…
SGMA: Spending for Athletic Footwear Rose 2.5% in 2002
U.S. consumers purchased nearly 7% more pairs of athletic footwear in 2002 than in 2001, but the average price paid per pair fell by 4.2%. The result was that total spending rose only 2.5%, according to research by The NPD Group…
GBMI Gets Attitude With Pony Acquisition Deal
Rumors have been flying for weeks about a mysterious “Brand Six” that was about to be added to the stable at GBMI. Speculation ran from GBMI buying an athletic performance brand to acquiring a skate shoe company. A section of their new headquarters in S
Fila Narrows 2002 Loss on 7.0% Sales Decline
Fila Holding S.p.A. reported a 2002 full year net loss of $76.4 million compared with $125.2 million in 2001. Worldwide revenues for the year decreased by 7% to EUR 909.5 million and were flat when expressed in terms of constant exchange rate and continu
Coastcast 2002 Loss Expands 352% as Sales Drop 46%
Coastcast Corporation reported sales for the year ended December 31, 2002 were $62.4 million vs. $115.5 million in 2001. The 2002 net loss was $10.4 million vs. a loss of $2.3 million in the prior year. Diluted loss per share was ($1.36) vs. ($0.30).
