SGB Update

Rumors Over, The Fila Sale Finally Happens…

The deal was announced Friday that would see the sale of all Fila Holding S.p.A operating businesses to Sport Brands International LLC, an affiliate of Cerberus Capital Partners, LP.

Cerberus is

U.S Sporting Goods Imports Resume Growth in 2002

The dollar value of sporting goods imported into the U.S. increased by 6.3% in 2002. Imports had posted declines in three of the past four years (1998-2001). This is the main finding of SGMA International’s analysis of the U.S. Commerce Departmen

Rumors Over, The Fila Sale Finally Happens…

The deal was announced Friday that would see the sale of all Fila Holding S.p.A operating businesses to Sport Brands International LLC, an affiliate of Cerberus Capital Partners, LP…

Ashworth Posts Fiscal Q1 Profits on 32% Revenue Rise

Ashworth Inc. announced consolidated net revenue for the first quarter of 2003 ended Jan. 31, 2003 increased 32.3% to $26.6 million as compared to $20.1 million for the first quarter of 2002. The company reported consolidated first quarter net income of $

Gart Sports Net Income Jumps 46% on Flat Comps

Gart Sports Company net income for the fiscal year 2002 ended February 1, 2003 increased to $23.2 million, or $1.86 per fully diluted share, compared with $15.9 million, or $1.54 per fully diluted share, in the prior year. Total sales for the year advanc

Gottschalks February Comps Decrease 1.6%

Gottschalks Inc. announced that same store sales for the month of February 2003 decreased by 1.6% from the prior year. Total sales for the month decreased by 3.1% to $43.3 million from $44.7 million in February 2002…

Goody’s Ferbruary Comps Decrease 11.2%

Goody's Family Clothing, Inc. reported total sales for the fiscal month of February 2003 of $66.3 million, a decrease of 12.0% from total sales for the fiscal month of February 2002 (the four weeks ended March 2, 2002) of $75.3 million…

ShopKo February Same-store Sales Decline 1.2%…

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended March 1, 2003 were $215.6 million, 1.3% lower than the $218.5 million reported for the same period last year. Consolidated comparable store sales declined 1.2%…

Shoe Carnival February Comps Down 8.5%

Shoe Carnival, Inc. reported sales for the four-week period ended March 1, 2003 increased 1.6% to $35.3 million from sales of $34.8 million for the four-week period ended March 2, 2002. Comparable store sales decreased 8.5%…

The Buckle February Comps Inch Up 0.5%

The Buckle, Inc. announced that sales for the four-week period ended March 1, 2003 increased 3.7 percent to $25.5 million from sales of $24.6 million in the corresponding four-week period ended March 2, 2002. Comparable store sales, for stores open at le

The Buckle Net Income Off 2.5% on 3.5% Sales Increase

The Buckle reported net sales for fiscal 2002 increased 3.5% to $401.1 million from $387.6 million in the 52 weeks of fiscal 2001. Comparable store net sales were down 0.5%. Net income for the fiscal year ended February 1, 2003 was $32.1 million or $1.5

Dillard’s February Comps Increase 3.0%

Dillard's, Inc. announced that sales for the four weeks ended March 1, 2003 were $610,272,000 compared to sales for the four weeks ended March 2, 2002 of $599,102,000. Total sales increased 2% for the four-week period. Sales in comparable stores for

Phoenix Footwear 2002 Profits Jump 24% as Sales Decline 23%

Phoenix Footwear Group, Inc. announced results for the year ended December 31, 2002, reporting annual net sales of $36.2 million versus $46.9 million for the prior year. Net income for the full year 2002 increased 24.3% to $1.7 million versus $1.4 millio

Stein Mart February Same-Store Sales Down 10%

Stein Mart, Inc. announced total sales for the four-week February period were $91.0 million, a 6.8% decrease from the $97.6 million in sales for the same period in 2002. Comparable store sales for February decreased 10.0% from the previous year…

Stage Stores Feb Comps Decrease 7.6%

Stage Stores, Inc. reported that comparable store sales for the four-week period ended March 1, 2003 decreased 7.6% as compared to the prior year four-week period ended March 2, 2002. Total sales decreased 4.8% to $59.5 million from $62.5 million in the p