SGB Update Sports & Fitness

Foot Locker’s Q1 Misses Street Targets

Said Lauren Peters, EVP and CFO, “Even with first quarter sales that ran below expectations, we believe our inventory is still well positioned to drive improved top line results over the balance of the year. At the same time, we are aggressively reviewing and implementing opportunities to lower expenses as we work to achieve a mid-single digit EPS increase for the full year.”

SIA Agrees To Sell Snow Show To Emerald Expositions

Emerald Expositions, the parent of Outdoor Retailer, Surf Expo and Interbike, has reached an agreement to acquire the Snow Show from SIA. The merger is positioned to lead to a combined winter trade show.

Hibbett Sports Re-Elects Two Board Members

Hibbett Sports Inc. re-elected two directors to three-year terms that expire with the 2020 annual meeting. They include Anthony F. Crudele and Ralph T. Parks.

PHIT Support From Congress Growing

In less than three months, the Personal Health Investment Today (PHIT) Act has gained support from 50 Members of Congress with the addition of Congressman Joe Barton (R-Tex.) on Thursday.

Xenith Partners To Title Sponsor Prep Kickoff Classic

The Detroit Sports Commission (DSC) appointed Xenith, a Detroit-based football helmet and equipment manufacturer, the official title sponsor of the Prep Kickoff Classic, the premier season-opening high school football event in Michigan.

Perry Ellis Q1 Tops Guidance

Perry Ellis International reported earnings and sales both exceeded internal guidance in the first quarter with “particular strength in Golf Lifestyle Apparel and Nike Swim.”

Hibbett Sports’ Q1 Profits Slide

Hibbett Sports Inc. reported earnings in the first quarter slumped 25.1 percent as same-store sales decreased 4.9 percent. Earnings landed at the high end of guidance provided on April 27.

Varsity Brands Hosts School Spirit Awards

The event, presented by BSN Sports, Varsity Spirit and Herff Jones, recognizes schools, school groups and individuals who go the extra mile to build school pride, student engagement and community spirit.