Hibbett, Wal-Mart, Kohl’s Continue Solid 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 chart that reported positive same-store sales growth for January against
Gildan Ups Market Share, Doubles EPS…
Gildan Activewear Inc. reported net earnings of $5.8 million for the fiscal Q1 ended December 29, 2002, up 107% from $2.8 million in fiscal Q1 2002. EPS doubled to 20 cents. Analyst estimates were 16 cents per share…
Reebok Running Collection Nabs Key Product Awards
The accolades keep coming for Reebok's Premier Road, hero shoe of the running collection's Premier Series. In the latest issue of “Runner's World” (March 2003), Reebok's new running shoe is honored with the magazine's highly accla
Callaway 2002 Net Income Jumps 19% on Reduced Revenues
Callaway Golf Company reported net sales for the full year 2002 decreased 3% to $792.1 million versus $816.2 million for the prior year. EPS were $1.03 versus $0.82 in 2001, an increase of 26%. Net income for the full year increased 19% to $69.4 million
Delmore Brothers Join Hilfiger Footwear; Dugan Signs On for Chicago
Courtney Delmore & Trevor Delmore, who are credited with developing and launching the footwear strategy for FUBU in the U.S., have joined the Tommy Hilfiger Footwear team and will handle sales in the Northeast Corridor from New Jersey through New England.
Oakley Launches Strategic Initiative for Women’s Apparel
Oakley Inc. has announced plans to augment and diversify its line of women's apparel. The initiative calls for expansion of the current product line, plus a focused drive to enter new sales markets within the category…
Galyan’s Q4 Comp Store Sales Slip 1.4%
Galyan's Trading Company, Inc. reported net sales for the fourth quarter ended February 1, 2003 were $212.2 million, representing a 21.4% increase over the same period last year. Comparable store sales for the fourth quarter declined 1.4%…
JC Penney January Comps Decrease 3.8%
J. C. Penney Company, Inc. reported today that comparable department store sales decreased 3.8% for the four weeks ended January 25, 2003, compared with last year's 5.9% gain…
Merrell Continues to Fuel Wolverine Growth
Wolverine World Wide, Inc. reported revenue for fiscal 2002 reached a record $827.1 million, a 14.9% increase from the $720.1 million reported for the full year 2001. Earnings for fiscal 2002 grew to a record $1.15 per share, a 7.5% increase from the $1.
Foot Locker Q4 Comps Dip 0.9%; Year is Flat
Foot Locker, Inc. reported sales for the 13-week period ended February 1, 2003 of $1,211 million, versus $1,155 million in the comparable period last year, an increase of 4.9%. Comparable store sales for the Company's 2002 fourth quarter decreased 0.
Kohl’s January Comps Increase 5.5%
Kohl's Corporation reported total sales for the four week period ended February 1, 2003 were up 22.1% over the four week period ended February 2, 2002, while comparable store sales increased 5.5%…
Next, Inc. Launches Motorsports Division
Next Inc. announced the formation of its new Motor Sports Division “RPM Sports USA” to market the Company's specially designed cutting edge “Motor Sports Automotive” line…
Famous Footwear January Comps Down 6.1%; BWS Ups 2002 Guidance
Brown Shoe Company, Inc. raised its full-year earnings guidance to $2.48 to $2.50 per share, from its previous guidance of $2.35 to $2.40 per share. The increased full-year guidance results from better-than-anticipated margins in January, higher wholesal
Stage Stores January Comps Decrease 2.8%
Stage Stores, Inc. reported that comparable store sales for the four-week period ended February 1, 2003 decreased 5.2% compared to the prior year four-week period ended February 2, 2002. Total sales decreased 2.8% to $41.2 million from $42.4 million in t
Footstar Rapidly Expanding Wal-Mart Partnership
Footstar, Inc. announced that it has reached an agreement with Wal-Mart Stores, Inc. to supply Thom McAn family footwear for up to 1,500 Wal-Mart stores, including the original 300 stores that began selling Thom McAn in October 2002…
