SGB Update

Next, Inc Posts Fiscal Q2 Profit as Sales Jump 136%

Next Inc. reported revenues of $5,131,944 for the fiscal second quarter ended May 31, 2003, an increase of 136%, compared to $2,177,383 for 2002. The company reported net income of $143,398 and earnings per share of $0.01 for the quarter compared to a lo

Nike Signs Taylor and Purcell to Lifetime Deals…

The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca

Vaulue City June Comps Dip 0.2%; DSW Up 3.7%

Value City Department Stores, Inc. announced total sales for the five weeks ended July 5, 2003, increased 3.7% to $237.1 million from $228.7 million for the five weeks ended July 6, 2002. The company's same store sales decreased 0.2% for the five wee

May Company June Comps Decrease 5.9%

The May Department Stores Company reported preliminary net sales of $1.13 billion for the five-week period ended July 5, 2003, a 4.0% decrease from $1.18 billion in the similar period last year. Store-for-store sales decreased 5.9%…

Dillard’s June Same-Store Sales Decrease 6.0%

Dillard's, Inc. announced that sales for the five weeks ended July 5, 2003 were $635,748,000 compared to sales for the five weeks ended July 6, 2002 of $685,644,000. Total sales decreased 7%. Sales in comparable stores decreased 6% for the five-week

Federated June Same-Store Sales Down 2.0%

Federated Department Stores, Inc. reported total sales of $1.337 bn for the five weeks ended July 5, 2003, a decrease of 2.2% from total sales of $1.367 bn for the same period last year. On a same-store basis, Federated's June sales were down 2.0%…

Sears Same-Store Sales for June Off 1.8%

Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 1.8% for the five weeks ended July 5, 2003. Total domestic store revenues were $2.6 billion in June 2003, compared with $2.7 billion for the five weeks ended July 6, 2002.

Elder-Beerman June Comps Increase 1.3%

Comparable store sales for The Elder-Beerman Stores Corp. increased 1.3% for the five weeks ended July 5, 2003 compared to the five weeks ended July 6, 2002. Total store sales decreased by 1.7% to $53.7 million versus the same period last year…

ShopKo June Same Store Sales off 1.5%

ShopKo Stores, Inc. reported consolidated sales for the five weeks ended July 5, 2003 decreased 1.7 percent to $295.9 million from $300.9 million during the same period last year. Consolidated comparable store sales decreased 1.5 percent…

Wal-Mart June Comp Store Sales Increase 2.7%

Wal-Mart Stores, Inc. reported net sales for the five-week period ending July 4, 2003, of $24.635 bn, an increase of 11.1% over the $22.164 bn in the similar period in the prior year. U.S. comp store sales were up 2.7% for the month, with SAM'S Club

Famous Footwear June Comps Decline 3.8%

Brown Shoe Company, Inc. reported that June retail sales for its Famous Footwear chain of were $99.0 million for the five-week period ended July 5, 2003, a 1.6% decrease compared to $100.6 million for the same period last year. Same-store sales for the p

Payless June Comps Fall 9.1%

Payless ShoeSource, Inc. reported that same-store sales decreased 9.1 % for June. Company sales totaled $291.3 million, an 8.4 % decrease from $318.0 million during fiscal June of last year…

Neiman Direct June Surge Pushes Comps Up 10.3%

The Neiman Marcus Group, Inc. announced in the five-week June period, comparable revenues in the Specialty Retail Stores segment increased 6.1 %. Stores in the Northeast and West had the strongest sales results for the month. Comparable revenues at Neiman

New Era, Koch Family Launching Annual Golf Event for Cancer Research

New Era Cap Company and the Koch Family will hold the inaugural DCK Memorial Golf Tournament Monday, July 21, at Wanakah Country Club in Hamburg, N.Y. All proceeds from this first-annual event will be donated to the University of Pittsburgh Cancer Institu

Ross Stores June Comps Off 2.0%

Ross Stores, Inc. reported sales of $367 million for the five weeks ended July 5, 2003, an 8% increase above the $340 million in sales for the five weeks ended July 6, 2002. Comparable store sales for the month of June declined 2% versus a 12% gain in th