SGB Update

Hibbett Q4 Same-Store Sales Increase 2.4%

Hibbett Sporting Goods, Inc. announced net sales for the fourth quarter ended February 1, 2003, increased 12.0% to $75.5 million compared with $67.4 million for the 13-week period ended February 2, 2002. Comparable store sales for the fourth quarter incre

Urban Outfitters Q4 Comps Increase 1.3%

Urban Outfitters, Inc. announced total Company sales for the fourth quarter and the fiscal year ended January 31, 2003 were up 13% to $117.8 million from $103.9 million for the comparable quarter last year. Comparable store sales increased 1.3%. Comparab

The Wet Seal Fires CEO; COB Takes Helm

Specialty retailer The Wet Seal, Inc. announced that Kathy Bronstein, Vice Chairman and Chief Executive Officer, has been relieved of her duties, effective immediately. She will be succeeded for an interim period by Irv Teitelbaum, Chairman of the Board..

Nautilus 2002 Net Sales Surge 61%; EPS Up 50%

The Nautilus Group, Inc. announced reported net sales of $155.5 million for the fourth quarter of 2002 compared to $125.3 million for the corresponding period last year. Earnings per share for the fourth quarter were $0.69, compared to $0.57 for the corre

ShopKo January Comps Decline 2.6%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended February 1, 2003 were $193.0 million, 2.8 percent lower than the $198.7 million reported for the same period last year. Consolidated comparable store sales declined 2.6%…

Dillard’s January Comp Store Sales Decrease 5.0%

Dillard's, Inc. announced that sales for the four weeks ended February 1, 2003 were $469.0 million compared to sales for the four weeks ended February 2, 2002 of $499.2 million. Total sales decreased 6.0% for the four-week period. Sales in comparable

Costco January Same-Store Sales Rise 5.0%

Costco Wholesale Corporation reported net sales of $2.97 bn for the four weeks ended February 2, 2003, an increase of 9% from $2.73 bn in the same four-week period of the prior fiscal year. Comparable store sales rose 5.0% for the month…

Elder-Beerman January Comps Up 4.7%

Total store sales for The Elder-Beerman Stores Corp. increased to $27.7 million for the four weeks ending February 1, 2003, a 4.5% total sales increase compared to the four weeks ending February 2, 2002. Comparable store sales increased 4.7% over the sam

L.L. Bean to Eliminate 300 Jobs

L.L. Bean announced the second-largest round of layoffs in its 91-year history Tuesday, saying it will slash 300 jobs in the next two months despite turning a higher profit last year…

The Buckle January Comp Store Sales Up 4.3%

The Buckle, Inc. announced that sales for the four-week period ended February 1, 2003 increased 6.9 percent to $21.5 million from sales of $20.1 million in the corresponding four-week period ended February 2, 2002. Comparable store sales were up 4.3%…

Gottschalks January Comps Increase 2.0%

Gottschalks Inc. announced January 2003 same store sales increased 2.0% from the prior year. Total sales for the month were $35.5 million, a 0.4% increase from $35.4 million in January 2002…

Stein Mart January Comps Decrease 12%

Stein Mart, Inc. announced total sales for the four-week January period were $67.9 million, an 8.7% decrease from the $74.4 million in sales for the same period in 2002. Comparable store sales for January decreased 12.0% from the previous year…

Goody’s January Same-Store Sales Off 4.8%

Goody's Family Clothing, Inc. reported total sales for fiscal periods ended February 1, 2003 (fiscal 2002) as compared with fiscal periods ended February 2, 2002…

The Bon-Ton January Comps Increase 8.9%

The Bon-Ton Stores, Inc. announced total and comparable store sales for the four weeks ended February 1, 2003 increased 8.9% to $32.0 million compared to $29.4 million reported in the same period last year…

Timberland Sees Reduced 2002 Earnings; Sales Inch Up 0.6%

The Timberland Company reported results for the quarter and year ended December 31, 2002. Revenue for the fourth quarter totaled $357.0 million, 4.7% higher than the $341.1 million reported for the fourth quarter of 2001. Earnings were $27.1 million for