SGB Update

ShopKo Promotes Wurl to SVP/GMM Hardlines

ShopKo Stores, Inc. announced the promotion of Doug Wurl to senior vice president/general merchandise manager – hardlines and home for the company's ShopKo division…

The North Face Helps Offset Daypack Woes at VF Corp.

VF Corporation reported sales in the company's Outdoor businesses rose 17% in the fourth quarter and 3% in 2002. An increase of 22% in first quality sales of The North Face brand products and an 11% increase in international Outdoor sales in 2002 wer

Brass Eagle 2002 Net Income Surges 149% on 14% Revenue Rise

Brass Eagle Inc. reported net sales for the fiscal year ended December 31, 2002 increased 14.1% to $104.9 million versus $91.9 million for the same period last year. Net income increased 149% to $9.7 million, or $1.30 per diluted share, compared to $3.9

Value City Adds New General Counsel

Value City Department Stores, Inc. announced that Julia A. Davis has joined the company in the newly created position of Executive Vice President and General Counsel…

Target Extends Mossimo Deal

Mossimo, Inc. announced that Target Corporation has exercised its option to renew its current agreement with Mossimo, Inc. for an additional term of two years…

Oakley 2002 Net Income Down 19.6% as Sales Increase 14%

Oakley, Inc. announced total 2002 net sales increased 14% to $489.6 million, fueled by a 19.2% increase in U.S. net sales to $254.0 million, including a 267.1% increase in Oakley's retail store sales to $32.6 million. International net sales increase

Dick’s Raises EPS Estimate On Strong Q4 Results

Dick's Sporting Goods, Inc. said that net sales for fourth quarter increased 16.1% to $395.2 million. Comparable store sales increased 4.9% for the 13-week period ended February 1, 2003. DKS also said EPS guidance is being increased to a range of $

Columbia Sportswear Commits to Help Save Outdoor School

Columbia Sportswear Company will match any donations made to the Friends of Outdoor School in the next seven days, up to $180,000. This is half of the amount needed to revive the 37-year-old program. Columbia Sportswear will facilitate donations from the

Sport-Haley Reports Fiscal Q2 Profit on 13% Sales Rise

Sport-Haley, Inc. reported net sales for the fiscal second quarter ended December 31, 2002 were approximately $4.0 million, an increase of 13%, from net sales of approximately $3.6 million for the same quarter in the prior fiscal year. Net income for th

Forzani Group Reports Q4 Comp Store Sales Inreases

The Forzani Group Ltd. announced that total retail system sales for the fourth quarter increased 15.8% to $361.4 million compared with $312.1 million in the prior year. Fourth quarter comparable sales in corporately-owned stores increased 2.7%, while the

Escalade Sports 2002 Profits Jump 25% on 7% Sales Gain

Escalade Sport's fourth quarter net sales increased 14% to $48.1 million bringing year to date net sales to $126.7 million, a 7% gain over last year, primarily the result of earlier 2002 acquisitions. Net income increased 29% for the quarter and 25%

NSGA: Average Price of Sports Footwear Down 3% in 2002

A decline in the average price in a key shoe category depressed the average price paid for all athletic and sports footwear in 2002, according to data released by the National Sporting Goods Association (NSGA). For 2002, the average price paid for all 24

Hibbett, Wal-Mart, Kohl’s Continue Gains…

Quick – What do Hibbett and Wal-Mart have in common other than owning small-town markets?

The two, along with Costco and Kohl’s, are the ONLY retailers in the chart on the following page that reported positive same-store sales growth for January again