August 28, 2019 Shoe Carnival is Flat in Q2 after Slow Start
Net income at the family shoe retailer was up slightly to $11,832,000 from $11,775,000 in the second quarter on slightly lower revenues of $268,221,000 compared to $268,366,000 despite comp store sales that were up 1.4% against last year’s 6.7% increase. Sportsman’s Warehouse Grows on Solid Firearms Sales
Net income declined 16% to $5,498,000 from $6,551,000 in the second quarter ended Aug. 3 on 4% higher revenues of $211,766,000 against $203,288,000 including a comp store sales increase of 1.7%. Tilly’s Sees E-commerce Gains in Second Quarter
Net income was down 4% to $9,287,000 from $9,689,000 as revenue increased 3% to $161,738,000 from $157,406,000 for the second quarter ending Aug. 3. Peloton Interactive Files for IPO
The connected fitness startup filed an S-1 with the SEC for a public offering on Nasdaq that will reportedly value the company at $8 to $10 billion, double the valuation of its most recent funding round last fall. Pegasus International’s Sales Evaporate in H1
The Chinese footwear maker reported a comprehensive net loss of $8,505,000 in the first half, against a loss of $1,824,000 last year, as sales plunged to just $2,935,000 down from $29,773,000. RYU Apparel Raises More Funding
The activewear brand raised another C$2.1 million in non-brokered private placements in the second quarter, bringing total new investment to C$6.4 million this year. National Park Visits Slip in July
National Park recreational visits decreased 2% in the important summer month to 43,794,476 from 44,636,360 and are now down just 1% year-to-date to 187,246,561 from 189,562,731. Etcetera: Yeti, Bear Archery Group, Fox Factory, Hyperlite, Rack Room
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