SGB Update

Gildan Fiscal Q1 Profits Jump 107% on 16% Sales Growth

February 6, 2003

Gildan Activewear Inc. reported net earnings rose 107% to $5.8 million for the quarter ended December 29, 2002, or $0.20 per diluted share, up 100% from the first quarter of fiscal 2002. Sales for the first quarter were $102.3 million, up 15.9% from $88.

Ross Stores January Comps Decline 2.0%

February 6, 2003

Ross Stores, Inc. reported sales for the four weeks ended February 1, 2003 of $196 million, up 7.0% from the $183 million reported for the four weeks ended February 2, 2002. Comparable store sales declined 2.0%…

Value City January Same-Store Sales Decrease 6.4%

February 6, 2003

Value City Department Stores, Inc. announced total sales for the four weeks ended February 1, 2003, increased 3.2% to $118.2 million from $114.6 million for the four weeks ended February 2, 2002. The company's same store sales decreased 6.4% for the

Nordstrom January Comps Inch Up 0.8%; Year Comps Up 1.3%

February 6, 2003

Nordstrom, Inc. reported preliminary sales of $316.5 million for the four-week period ending February 1, 2003, an increase of 6.7% compared to sales of $296.6 million for the four-week period ending February 2, 2002. Same-store sales increased 0.8%…

Saks Inc. January Comps Decrease 2.1%

February 6, 2003

Retailer Saks Incorporated announced that comparable store sales for the four weeks ended February 1, 2003 compared to the four weeks ended February 2, 2002 decreased 2.1% on a total company basis. By segment, comparable store sales were flat for SDSG and

Wal-Mart January Comps Up 2.3%

February 6, 2003

Wal-Mart Stores, Inc. reported net sales for the four-week period ending January 31, 2003, of $17.391 billion, an increase of 12.9 percent over the $15.399 billion in the similar period in the prior year. Total U.S. comparable store sales were up 2.3%…

Deep Discounts Mean Retail Stores Feel Pain

February 6, 2003

Laurie Gilbert traveled down from Freeport Tuesday to look for socks at the Maine Mall. She ended up finding sales she couldn't refuse, and walked away with some compact disks and a pair of shoes — as well as the socks that initially drew her to

Sears January Same-Store Sales Decrease 8.0%

February 6, 2003

Sears, Roebuck and Co. announced total domestic store revenues for the four weeks ended February 1, 2003 were $1.6 billion, a 6.3 percent decrease compared with the four weeks ended February 2, 2002. Comparable domestic store revenues decreased 8.0%…

Hibbett Q4 Same-Store Sales Increase 2.4%

February 6, 2003

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

Royal Completes Action to Become Private Entity

February 5, 2003

Royal Precision, Inc. and Royal Associates, Inc. have announced that Royal Precision stockholders, holding more than a majority of the issued and outstanding shares, have approved the merger of RA Merger Sub, Inc, a wholly-owned subsidiary of RA into Roya