June 02, 2021 Sportsman’s Warehouse Swings to Q1 Profit
Net income was $10,450,000 in the first quarter ended May 1, against a loss of $1,130,000 last year, on revenues that jumped 32% to $326,992,000 from $246,835,000, including same store sales that were up 24.1%. Stifel Debuts Sustainability Index
Bombas topped a new index from the brokerage and investment banking firm, which ranks consumer perception on active/casual lifestyle brands’ sustainability practices. Mainland Headwear Sees Rebound Continue
Net income attributable to shareholders slipped 21% to HK$45,895,000 ($5.9 mm) last year from HK$58,213,000 on 9% lower revenues of HK$1,048,006,000 ($135.2 mm) down from HK$1,146,834,000 in 2019. Athleta Aligns with Customers on ESG, Female Empowerment
Gap, Inc.’s women’s activewear banner has gained market share in key categories as the U.S. recovers from the pandemic, senior management told the RBC Capital Markets Global Consumer and Retail Conference.
The sports and entertainment collectibles company said revenues improved 55% to $166.6 million in the first quarter ended Apr. 3.
NSSF-adjusted NICS FBI background checks fell by 17% last month to 1,324,419 from 1,595,790, but still represented the second strongest total ever for May, behind only last year’s record. Businesses Press Congress for Section 301 Exclusions
Over 170 business organizations, including the SFIA, NSGA, AAFA, FDRA, SIA and NSSRA, signed a letter from the Americans for Free Trade coalition, imploring congress to re-open the China Section 301 Exclusion process. Eddie Bauer Acquisition Closes
Authentic Brands Group and SPARC have completed the purchase of the 300-door outdoor clothing and gear retailer. The Wing Group Buys Ocean Rodeo Dry Wear
The parent of Mustang Survival marine survival and recreational dry wear will merge Ocean Rodeo’s action watersports and commercial marine products into its dry wear lineup. FDRA Elevates New Leadership Team
Shoe Carnival CEO Cliff Sifford was named chairman of the Footwear Distributors and Retailers of America’s executive committee at its virtual board meeting in Mar., and has now taken over the top post effective Jun. 1. Etcetera: Hoka One One, York Athletics, Chattanooga Shooting Supplies, Therabody, Charly
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