September 04, 2024 Dick’s Q2 Profits Surge Higher, Raises Earnings Guidance
Building on first quarter momentum, net income jumped 48% to $362,230,000 from $244,331,000 on 8% higher revenues of $3,473,635,000 up from $3,223,643,000, including 4.5% comp store sales growth that reflected a 3.5% higher average ticket and 1.0% more transactions. Foot Locker Customer Prioritizes Discretionary Spending on Footwear
Despite a projected similar consumer environment in H2 where its typically younger and lower-income customer remains under pressure due to a handful of economic variables, Big Foot will maintain the gameplan it has formulated over the last two years under CEO Mary Dillon.
MODG announced that its board of directors will pursue a separation plan to spin off its Topgolf venue business from the legacy Callaway golf equipment and smaller branded apparel businesses. Skechers Sees Comfort Technology Powering Growth
This year’s marketing ramp up amid macro consumer pressures converged for the recent recovery in domestic wholesale performance, based on CFO John Vandemore’s comments at the Goldman Sachs Global Retailing Conference. SFIA Appoints New President and CEO
The Sports & Fitness Industry Association appointed Todd Smith as president and CEO, effective Oct. 1, succeeding Tom Cove, who announced his retirement in May, after leading the organization since 2005. Eagle Nice Names New CEO, Executive Director
The sports apparel maker’s board elevated Chi Kit Chung to CEO, succeeding his father Yuk Sing Chung, who will remain chairman. Kästle USA Taps Poulin as New Chief
The Austrian ski brand appointed Steven Poulin as president and CEO, as Kästle aims to accelerate growth and introduce new categories. Etcetera: Gymshark, Bass Pro, Ariat, Adidas, Reebok, Newton Golf
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