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  May 26, 2013
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Today's Top Story:

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... Click for Full Story >>>

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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)

 

Outdoor Industry Association (OIA) urged its members Friday to call their Congressional delegation to voice over a House budget proposal it said would devastate the nation’s public lands and risk billions of dollars in economic activity they generate...(5/24/2013)

 

Quiksilver, Inc. said it substantially completed a major overhaul of its C-Suite Friday by hiring senior executives to head North American wholesale sales, North American retail and e-commerce and global marketing...(5/24/2013)

 

Yue Yuen Industrial Holdings Ltd. reported first-quarter revenues inched ahead 0.5 percent to $1.71 billion. Earnings fell 53.1 percent to $55.7 million from $118.7 million...(5/24/2013)

 

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)

 

Bogs Footwear has tapped Kelly Wallrich, former VP of product at Keen Footwear, as its new VP of product. She will oversee product design, development and product marketing...(5/23/2013)

 

Running Specialty Group (RSG), which is a joint venture between Finish Line and Gart Capital Partners, Ltd., has acquired six BlueMile running stores to bring the total number of stores in its portfolio to 35... (5/23/2013)

 

Shoe Carnival, Inc. reported net sales increased 4.3 percent in the first quarter, to $232.3 million, driven by a net increase of 27 stores over the first quarter last year. Comparable store sales decreased 0.8 percent. Earnings declined 13.6 percent...(5/23/2013)

 

Zumiez Inc. reported earnings in its first quarter slid 44.4 percent to $2.5 million, or 8 cents per share, from a year earlier. Comps store sales were slightly negative, but costs associated with its acquisition of European action sports retailer Blue Tomato reduced earnings by approximately $1.7 million, or 5 cents per share...(5/23/2013)

 

Altrec Inc., the outdoor specialty retailer that began online in 1999 and opened its first bricks-and-mortar store in 2011, raised $1.75 million earlier this month by selling debt and options, according to a document it filed with the Securities and Exchange Commission...(5/23/2013)

 

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