September 05, 2019
The lulunatics reported net income of $124,990,000, up 31% from $95,770,000, for the quarter ended Aug. 4 as sales jumped 22% to $883,352,000 from $723,500,000 including a 15% comp store gain, or 17% constant currency.
After some initial hesitation about the terms of engagement, the two countries have agreed to hold high level talks in Oct. with deputy level talks preceding that in Sep.
Net income more that doubled to $9,025,000 from $4,377,000 in the second quarter on 4% higher revenues of $228,425,000 up from $218,971,000 including a 3.6% comp store sales gain, lapping a strong +6.3% comp last year.
Filling a role that has been vacant since Jason LaRose departed in April, Pugliese comes to Under Dog from Duluth Trading, where she was president and CEO.
G-III cut its fiscal 2020 earnings guidance to a range of $154 to $159 million from $163 to $168 million on a $12 million projected impact of List 4 tariffs, but raised its top line forecast for the year to $3.30 billion up from $3.28 billion.
Plaintiff Li Hong Cheng has filed a class action lawsuit in S. NY District Court, accusing GOOS of misleading shareholders by falsely claiming to source the down and fur used in its clothing in an ethical and humane manner.
NSSF-adjusted FBI background checks jumped 15.2% in August to 1,113,535 from 966,809 last year, helped for the second straight month by big increases in AL and MN, but would still have been up 11.7% without the unusual gains there.