SGB Update

Aeropostale February Comps Down 3.1%

Aeropostale, Inc. announced that total net sales for the four-week period ended March 1, 2003 increased 25.6% to $27.2 million, compared to $21.6 million for the four weeks ended March 2, 2002…

American Eagle February Comps Decline 7.0%

American Eagle Outfitters, Inc. announced that total sales for the four-week period ended March 1, 2003 increased 4.5% to $74.3 million, compared to $71.1 million for the four-week period ended March 2, 2002. Comparable store sales for the American Eagle

Nordstrom February Same-Store Sales Off 2.3%

Nordstrom, Inc. reported preliminary sales of $367.6 million for the four-week period ending March 1, 2003, an increase of 2.4% compared to sales of $359.1 million for the four-week period ending March 2, 2002…

Genesco 2002 Earnings Slip as Jarman Rocks

Genesco Inc. reported Journeys net sales increased 13% for Q4 2002 and same-store sales rose 1.0%. Journeys net sales for the year increased 14% to $436 million and same store sales were flat. Underground Station/Jarman Group Q4 sales increased 13% to $4

Variflex Narrows Fiscal Q2 Loss on 46% Sales Jump

Variflex, Inc. reported net sales increased 46% for the second fiscal quarter ended January 31, 2003 to $9.9 million. VFLX reported a net loss for the quarter of $670,000 or ($0.15) per diluted share, compared to a net loss of $1,494,000, or ($0.32) per

Saks Inc. Feb. Comps Take Hit From Winter Storms

Retailer Saks Incorporated announced that comparable store sales for the four weeks ended March 1, 2003 compared to the four weeks ended March 2, 2002 decreased 4.1% on a total company basis. By segment, comparable store sales increased 1.2% for SDSG and

Costco Fiscal Q2 Profit Shrinks on 8% Sales Gain

Costco Wholesale Corporation announced net sales for the second quarter of fiscal 2003 increased 8% to $9.92 billion from $9.21 billion during the second quarter of fiscal 2002. Net income for the second quarter of fiscal 2003 decreased 5% to $182.1 milli

Kohl’s 2002 Net Income Jumps 30% on 22% Sales Increase

Kohl's Corporation reported net income for the fiscal year ended Feb. 1, 2003, increased 29.8% to $643.4 million, or $1.87 per diluted share, compared to $495.7 million, or $1.45 per diluted share for the fiscal year ended February 2, 2002. Net sales

NSGA Report Shows Female Sneaker Purchase Decline

Although females continue to lead males as purchasers
of sports footwear, their lead decreased in 2002, according to data released by the National Sporting Goods Association (NSGA). For 2002, females purchased 53.1% of all sport footwear compared to 54.7%

NSGA: Sporting Goods CPI Decrease Improves in January

The most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 101.6 for January, down 1.6% versus the January 2002 index. The drop was slightly less than the December decline of 1.8%…

SGMA: Spending for Athletic Footwear Rose 2.5% in 2002

U.S. consumers purchased nearly 7% more pairs of athletic footwear in 2002 than in 2001, but the average price paid per pair fell by 4.2%. The result was that total spending rose only 2.5%, according to research by The NPD Group…

Escalade To Buy Back Stock…

Escalade, Inc. will purchase of up to $3 million of its common stock on the open market or through privately negotiated transactions. ESCA’s Board of Directors authorized the buy-back at the company’s quarterly meeting…

Nike Rounds Up Support in Free Speech Fight

The Bush Administration, the ACLU, the AFL-CIO, European entities, and dozens of media organizations have joined forces in urging the U.S. Supreme Court to reaffirm the First Amendment right to free and open debate and to overturn an unprecedented Califor