June 12, 2020 Retail Executive Compensation Slips 4% in 2019
The 70 highest paid executives at public sporting goods retailers saw their total compensation decline 4% in 2019 for those with comparable earnings in both years to an average of $2,360,324, down from $2,700,163 prior. Dick’s Recalls Furloughed Workers, Reinstates Dividend
Dick’s SG expects to have nearly 100% of its stores open to the public by the end of June, and said sales have been strong at those stores that have opened already.
Accell’s bike sales were up 23% year-over-year in May, following a 27% drop for the months of March and April combined, and YTD sales are now -5% through the end of May. Delta Reopens Salt Life Stores
Delta Apparel’s 10 owned Salt Life stores have now all reopened, and total direct-to-consumer sales for the brand grew nearly 90% in May, boosted by strong e-commerce gains and nearly +50% brick-and-mortar comps. |