Dick’s Sees Share Increase Impact EPS…
The sharp increase of the share price of DKS has led to increased exercising of employee stock options that drove total shares outstanding to an estimated 25.5 million shares for Q3, up from 23.0 million shares earlier in the year. Total year shares outs
Galyan’s Pulls the Plug on Guidance…
Galyan’s got hurt on Wall Street last week after telling analysts that it expected difficult conditions to continue and it would no longer provide guidance on earnings and gross margins. Shares were down 13.7% for the week to close at $10.82 on Friday…
Hibbett Has License to Kill (the Competiton)…
Hibbett Sporting Goods bested analysts’ second quarter earnings estimates by a penny and then went on to tell the market that business is starting to get better.
HIBB said it expects third quarter earnings per share of about 24 cents to 26 cents, up 14.2
Be One Lands in North America With Canadian Distributor
After recently changing the distribution strategy in Germany, Be One Bikes signs an agreement with Orange Sport Supply Inc. for the exclusive distribution of Be One Bikes in Canada…
SGMA: U.S. Sporting Goods H1 Imports See Robust Growth
According to SGMA International’s analysis of data from the U.S. Commerce Department, sporting goods imports for the first half of 2003 compared to 2002 increased by 8.8% . In 2002, imports had declined by 1.5% compared with 2001…
Cannondales Bedford Plant Will Be Strictly Cycles
Beginning early next year, Cannondale will begin outsourcing the production of its cycling apparel and accessory lines. The move will allow the company to focus its Bedford, Pennsylvania factory exclusively on bicycle manufacturing…
Schure Sports Expands Karbon
Schure Sports Inc. is extremely pleased to announce the promotion of an existing team member and welcome onboard three well-respected industry greats who will definitely make a huge impact on KARBON's share of the marketplace and improve customer ser
Foot Locker Q2 Net Income Up 14% Despite 4.4% Comp Store Decline
Foot Locker, Inc. reported that second quarter income from continuing operations increased 14% to $0.25 per share, or $37 million, from $0.22 per share, or $33 million last year. For the 13-week second quarter period, sales increased 3.5% to $1,123 millio
CGPR Celebrates First Decade
CGPR is celebrating a decade of solid growth this August. In addition to reaching this 10 year milestone, CGPR added 7 new clients to its roster in the last 6 months. CGPR will mark the anniversary this week at the 2003 Outdoor Retailer Summer Market…
THC Acquires Roger Edwards Sport
The Hockey Company announced its acquisition, through its wholly-owned subsidiary Sport Maska Inc., of Roger Edwards Sport Ltd. Roger Edwards Sport will continue to function as a separate business unit, operating from its new headquarters in Toronto…
SGAA August Rep News
SGAA Rep News for August includes:
- NESSA Awards Singiser Lifetime Achievement Award
- Fall SPORTRADE is a sell out
- Brooks awards Rookie of the Year and Team Saleman awards to Keane, Saunders reps
- Wenzel awards Olles Rep of Year
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
Stage Stores Q2 Net Income Dips 12.5% on 3.5% Comp Store Decline
Stage Stores Inc. announced that net income for the second quarter ended Aug. 2, 2003 was $9.1 million, or $0.45 per diluted share, compared to $10.4 million, or $0.47 per diluted share, for Q2 2002. Total sales for the 13-week period increased 0.1% to $2
The Bon-Ton Posts Q2 Profit as Comps Inch Up
The Bon-Ton Stores, Inc. reported income of $858,000, or $0.06 per share, for the second quarter of fiscal 2003, compared to a net loss of $1.6 million, or $0.10 per share, for the second quarter of fiscal 2002. Total sales for the quarter decreased 0.5%
Dick’s SG Sees Q2 Net Incime Jump 32% on Small Comp Store Gain
Dick's Sporting Goods reported Q2 net income increased 32% to $15.5 million, or $0.62 per diluted share, compared to $11.7 million or $0.61 per diluted share, for the quarter ended August 3, 2002. Total sales for the quarter increased 14% to $353.5
