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…

Sierra Designs Moving to Boulder; McCoy to Leave Company

Sierra Designs announced over the weekend that it will move to the Boulder, Colorado area this summer. Longstanding company president, Sally McCoy, will lead the company through the transition period, then Mark Herbert, the current Vice President/General

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

Kohl’s February Comps Decrease 4.6%

Kohl's Corporation reported that sales for the four week period ended March 1, 2003 increased 10.2% over the four week period ended March 2, 2002. On a comparable store basis, sales decreased 4.6%…

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…

Payless February Same-Store Sales Inch Up 0.4%

Payless ShoeSource, Inc. reported that same-store sales decreased 0.6% during the February reporting period, the four weeks ended March 1, 2003. Company sales totaled $175.3 million, a 0.4% increase from $174.6 million during fiscal February of last year

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%…

May Company February Comps Decrease 8.9%

The May Department Stores Company reported preliminary net sales of $846 million for the four-week period ended March 1, 2003, a 7.5% decrease from $914 million in the similar four-week period last year. Store-for-store sales decreased 8.9%…

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%…

Federated February Same-Store Sales Down 6.8%

Federated Department Stores, Inc. reported total sales of $985 million for the four weeks ended March 1, 2003. This represents a decrease of 6.0% from total sales of $1.048 billion for the same period last year. On a same-store basis, Federated's Fe

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

Value City February Comps Decrease 12.1%

Value City Department Stores, Inc. announced total sales for the four weeks ended March 1, 2003, decreased 7.2% to $145.0 million from $156.2 million for the four weeks ended March 2, 2002. The company's same store sales decreased 12.1% for the four