SGI News
Dec 5, 2023 · Net income dropped 77% to $10,205,000 in the third quarter from $45,171,000 on sales that were down 9% to $786,329,000 from $865,020,000, including total comps that declined 9.3%.
SGI News
May 11, 2023 · Net income was cut 59% to $10,564,000 in the first quarter from $25,659,000 on net sales that were up 3% to $302,796,000 from $293,628,000, despite a $16 million hit from the stop-sale on recalled soft coolers.
SGI News
The centerpiece of the report is SGI's proprietary, detailed market share tables breaking down revenues and market share of the major athletic footwear, rugged outdoor footwear, outdoor inspired casual footwear and athletic and sports apparel brands and companies.We estimate the total market size, and show you where each company ranks. The report also lists the largest retailers of sporting ...
SGI News
Sep 5, 2024 · Net income was up 16% to $22,573,000 from $19,441,000 on revenue that improved 13% to a quarterly record $332,696,000 over $294,615,000 for the second quarter ended Aug. 3, benefiting from a favorable calendar shift of about $20 million out of Q3.
SGI News
3 days ago · Sporting Goods Sales Drop 3.4% in October . Continuing a year-long downtrend, adjusted sales of sporting goods/hobby/book and music stores dropped last month to $8,146 million from $8,430 million, the tenth straight month of declines, according to Commerce Dept. data. Sales at clothing & clothing accessories stores did better, growing ...
SGI News
Strike Deadline Nears at East Coast Ports . Importers have been pulling forward orders and shifting shipping lanes as the Sep. 30 deadline looms in the negotiations between the International Longshoreman’s Association and the U.S. Maritime Alliance, covering ports from Maine to Texas.
SGI News
5 days ago · Eagle Nice Profits Slip in H1 on Higher Sales . Net income attributable to shareholders declined 20% to HKD 183,200,000 ($23.5 mm) from HKD 229,225,000 in the fiscal first half ended Sep. 30, despite revenues growing 18% to HKD 2,982,900,000 ($381.9 mm) from HKD 2,521,917,000.
SGI News
SFIA: Tariff Relief Unlikely, but De Minimis Reform is Coming . The trend of all talk and no action continues on Capitol Hill around GSP and MTB renewal, while bills are lining up to rein in abuse of de minimis shipments, SFIA Legal Task Force member David Cohen shared in the industry group’s “Tariff Relief in 2024: Lowering Cost of Getting Imported Goods to Market” webinar.
SGI News
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. Adjusted EBITDA guidance was also bumped up to $120 to $121 million from previous ...
SGI News
5 days ago · StockX Says New Brands, Styles Growing at Resale . With co-founder Greg Schwartz poised to take over as CEO on Jan. 1, the resale marketplace sees customers turning to alternatives as demand cools for the endless retro Jordan and Yeezy releases that have fueled sales in past years.