January 10, 2022
Despite a lack of inventory across its banners, and especially online, a strong Holiday selling season resulted in revenues increasing 18% quarter-to-date, GCO reported at the ICR Conference.
Tilly’s announced its preliminary Holiday figures ahead of a fireside chat at the ICR Conference, revealing it’s on track for the most profitable fourth quarter and fiscal year since going public.
The recently public parent of Solo Stove, Chubbies, Oru Kayak and Isle paddleboards, raised its full-year revenue guidance to $400 to $402 million, up from $344 to $352 million prior, in advance of the ICR Conference.
The clogmaker said that 2021 revenues will be up about 67% year-over-year, better than its previous guidance for 62-35% higher sales, despite continuing supply chain headwinds.
Delta Apparel said it now expects revenues for the final quarter of the year, its fiscal Q1, to be approximately $109 million, up 15% from $94.7 million last year, in a presentation at the ICR Conference.
RCKY is forging ahead with its B2B sales, building out DC space, and integration of the brands acquired from Honeywell, the company said at the 2022 ICR Conference.
The Lulunatics said that revenues and earning per share for the final quarter will both come in near the low end of previously guided ranges, blaming the impact of Omicron.
Zumiez avoided a lump of coal in their stocking, as comparable sales increased 6% for the nine-week period ended Jan. 10, and total sales increased 9% over the same period.
Retail imports at West Coast ports increased 0.5% year-over-year to 2.11 million Twenty-Foot Equivalent Units in Nov., according to the NRF and Hackett Associates, which sees volumes beginning to normalize after record highs.
Dick’s SG is offering $1 billion of unsecured senior notes due 2032 and intends to use the proceeds to repay its $575 million of convertible debt, and for general corporate purposes.
Caleres is raising its previously issued earnings guidance for the year ending Jan. 29, 2022, to $3.29 to $3.39 per share, or between $4.00 and $4.10 per share after adjusting for brand exits and its Blowfish purchase obligation.
The Sports & Fitness Industry Association elected HanesBrands’ group president of global activewear, Jonathan Ram, as chairman of its board of directors for 2022-2023.
The CVA, Bergara, Powerbelt, Quake, and Durasight parent hired FN America veteran Scot Fisher as its new CEO.