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Finish Line Comps up 1.5 Percent in Fiscal First Quarter
Jun 27, 2016The Finish Line Inc. (NASDAQ:FINL) reported consolidated net sales were $453.5 million, up 2.3 percent over the prior year period thanks in part to a 1.5 percent increase in comparable store sales. Net income came in at $9.6 million, or ...
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Pacific Sunwear Files for Bankruptcy
Apr 11, 2016Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
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Finish Line's Q4 Profits Slide
Mar 28, 2016The Finish Line Inc. reported earnings for the fourth quarter before non-recurring items fell 11.6 percent to $36.5 million, or 83 cents a share. Earnings came in at the high end of its guidance calling for earnings between 78 and 83 cents ...
Tags: Non-adjustments, Q4 Profits, Finish Line
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G-III Apparel Misses 4Q Profit Forecasts
Mar 23, 2016G-III Apparel Group Ltd. reported fourth-quarter earnings that came in well short of Wall Street targets. For the fourth quarter ended Jan. 31, 2016, G-III reported that net sales increased by 3 percent to $527.4 million from $514.3 ...
Tags: G-III, Earnings, Wall Street targets
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REI Sales Rise 9.3 Percent In 2015
Mar 16, 2016REI reported sales reached a record $2.4 billion in 2015 after a second consecutive year of nearly double-digit growth. Sales increased 9.3 percent from $2.2 billion in 2014, or 11 percent when adjusting for an extra 53-week of sales ...
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Cabela's Q4 Tops EPS Expectations
Feb 19, 2016Cabela's Inc. reported that adjusted for certain items, net income in the fourth quarter increased 9.5 percent to $86.8 million, or $1.26 a share, exceeding Wall Street's consensus estimate of $1.21 with the help of cost control ...
Tags: Cabela, Sporting Goods
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G-III Apparel Profits Double in Q2
Sep 16, 2015G-III Apparel Group, Ltd. reported second quarter earnings doubled to $12.4 million, or 27 cents a share, from $6.2 million, or 14 cents, a year ago. Driven by robust wholesale and retail performance, net sales increased 12 percent to $474 ...
Tags: G-III Apparel, sports business, outerwear, dresses, sportswear, swimwear
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Lululemon Q2 Beats Guidance
Sep 15, 2015Lululemon Athletica Inc. reported second-quarter earnings declined slightly but came in better than planned with same-store sales on a currency-neutral rising 11 percent. The yoga-themed retailer raised its guidance for the year. For the ...
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Q2FY16 Net Income Down 16.7% at Clothing Retailer Guess
Aug 31, 2015For the second fiscal quarter ended August 1, 2015 net income at clothing retailer Guess dipped to $18.3 million, down 16.7 per cent as compared to $22.0 million for the second quarter of fiscal 2015. “Diluted earnings per share ...
Tags: clothing retailer, Apparel, e-commerce sites
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Coles Good Results Based on Finding The Key Ingredient Is Customer Value
Aug 27, 2015Coles has reported a $1.78 billion profit before interest and tax for the financial year ended 30 June 2015, up 6.6 per cent on the 2014 financial year. Turnover revenue for Coles was $38.20 billion and return on capital was 11 per ...
Tags: hardware chain, Chemical
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Foot Locker's Q2 Profits Climb on 9.6 Percent Comp Gain
Aug 25, 2015Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
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L Brands Reports 3 Per Cent Sales Increase in Q2FY15
Aug 24, 2015L brands has reported net sales of $2.765 billion for the second quarter ended 1 August 2015 as compared to sales of $2.675 billion for the quarter ended 2 Aug 2014, marking a rise of 3 per cent. The company registered a comparable store ...
Tags: L Brands, Victoria's Secret, Pink, Henri Bendel
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Lululemon Athletica's Net Revenue Climbed 10% in Q4 2015
Jun 15, 2015Net revenue for the first fiscal quarter ended May 3, 2015 at apparel retailer Lululemon Athletica Inc. climbed 10 per cent to $423.5 million from $384.6 million in the first quarter of fiscal 2015. “Total comparable sales, which ...
Tags: Lululemon Athletica, Apparel
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Apparel Retailer and Nyse's Net Income Doubled in Q1,2015
Jun 2, 2015For the first fiscal quarter ended May 2, 2015, net income doubled over the same quarter of previous fiscal at apparel retailer and NYSE listed, Tilly’s, Inc. Net income for the first quarter of fiscal 2016 reached $1.3 million, or ...
Tags: apparel retailer, Apparel
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JC Penney Expanded 330 Basis Points to 36.4 Per Cent of Sales
May 20, 2015For the first fiscal quarter ended May 2, 2015 gross margin at US apparel retailer JC Penney expanded 330 basis points to 36.4 per cent of sales, compared to 33.1 per cent in the same quarter of last fiscal. JC Penney reported net ...