Foot Locker's Q1 Comps Grow 5.2 Percent
Foot Locker, Inc. reported net income increased 7.8 percent in the first quarter ended May 4, to $138 million, or 90 cents per share. Excluding costs related to its acquisition of Runners Point Group, profits were up 10 percent. Sales increased 3.8 percent, to $1.64 billion. First quarter comparable-store sales climbed 5.2 percent...(5/24/2013)
Hibbett Sports First Quarter Sales Rise 3.0 Percent
Hibbett Sports, Inc. reported net sales increased 3.0 percent to $240.0 million for the first quarter ended May 4, compared with the 13-week period ended April 28, 2012. Comparable store sales increased 0.8 percent, compared with 11.1 percent in the year earlier quarter...(5/24/2013)
Sport Chalet's Q4 Comps Surge on Strong Team, Online Sales
Sport Chalet, Inc. reported year-to-year comparable store sales growth of 6.8 percent for the fourth quarter ended March 31, enabling it to post its first fiscal year of comp growth since 2007. Revenue grew 23.1 percent at the Team Sales Division and 23.1 percent online...(5/23/2013)
Dick's SG's Q1 Comps Miss Plan
Dick's Sporting Goods, Inc. reported a modest gain in first-quarter earnings, in line with expectations. Adjusted for the shifted calendar due to the 53rd week in 2012, consolidated same store sales decreased 3.8 percent, compared to its guidance of an approximate 1 to 2 percent decrease. Shifted same store sales in the first quarter of 2013 for Dick's Sporting Goods decreased 3.2 percent and Golf Galaxy sales decreased 11.8 percent...(5/21/2013)
Mizuno’s Americas Revenues Grow Double-Digits in Fiscal Year
Mizuno Corp. reported earnings slid in its fiscal year ended March 31 due mainly to an increase in SG&A expenses and in purchasing costs. But overall footwear sales remained healthy, especially running shoes in the Americas where net sales set a record to cap off three straight years of strong growth...
(5/16/2013)
Puma Cuts 2013 Outlook After Quarterly Profit Disappoints
Puma reported revenues declined 2.3 percent in the first quarter as Eurozone retail spending continued to weaken and sales in Asia were affected by an unusually long winter. Sales in the Americas improved 1.8 percent. Earnings declined 32.0 percent in the period and the company slightly lowered its outlook for the year...(5/14/2013)
Easton-Bell Sheds Revenues, Boost Margins in First Quarter
Easton-Bell Sports, Inc., which owns the Easton, Bell, Giro, Riddell and Blackburn brands, reported net sales declined 4.0 percent to $207.6 million in the first quarter compared with the year earlier quarter. Team Sports sales were flat, while Action Sports sales were off 9.4 percent due to the divestiture of the fitness business and a return of more normal winter weather that cut into cycling sales...(5/9/2013)
FGL Sports Grows Q1 Revenues Despite Store Rationalization
FGL Sports revenues increased 7.5 percent to $367.4 million in the first quarter ended March 30, according to its parent company, Canadian Tire Corporation Limited (CTC). Comp store sales increase 8.8 percent compared with the 7.3 percent increase reported for the first quarter of 2012. FGL is Canada’s largest sporting goods retailer...(5/9/2013)
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