Corporate Governance

Sally Beauty Holdings Inc. reported fiscal third-quarter earnings of $67.9 million, which matched Wall Street expectations.    Revenue for the period was $998.2 million, missing Street forecasts of $1 billion.   In other news, the Sally board named global cyber security expert Erin Nealy Cox as an independent director, effective Aug. 1.   

RediClinic convenient care clinics has named a seasoned healthcare executive as its new CFO.   Jeff Fields is joining Health Dialog, provider of population health management services, and RediClinic as CFO. He will be responsible for the fiscal management of both RediClinic and Health Dialog as they continue to grow in the total population management services and retail health care markets.   

Papa John’s is the most recognized brand among fans of the National Football League and the chain intends to keep it that way, announcing it had renewed its multiyear deal as the official pizza sponsor of the NFL and the Super Bowl.   In that regard, Papa John’s is permitted to use NFL logos in its advertising and conduct integrated marketing campaigns involving the NFL Kickoff event and the Pro Bowl in addition to the Super Bowl.   

Tuesday Morning is showing off its updated prototype at two locations.   The chain’s expanded store at Preston Shopping Center, Dallas, and new store at Parker Central Shopping Center, in Plano, feature new fixtures, flooring, improved lighting and a redesigned store layout that makes it easier for customers to shop. The format also includes an expanded assortment of goods.  

Sony is set to open a store in Manhattan that will highlight new products and technologies, and host consumer events, film screenings and music performances.

After eight years leading public relations efforts at the International Council of Shopping Centers, Jesse Tron is departing from the association to set up a communications practice at The Dealey Group, a full-service agency.   “We couldn’t support our clients’ demand for PR services, and that was something we wanted to change,” explained CEO JoAnn Dealey in announcing Tron’s appointment.  

Costco's comparable sales for the month of July declined 2%, with a 3% decrease in U.S. a 3% rise in Canada and other decreases internationally.  

Fred's Inc. saw July sales drop 7% to $154 million, compared to $165.6 million in the same period last year.    Comparable store sales for the month declined 4.6%, compared with an increase of 0.7% in the year-earlier period.   Fred's total sales for the second quarter of fiscal 2016 decreased 3.4% to $527.7 million, from $546.1 million for the same period last year. On a comparable store basis, second quarter sales decreased 2% versus an increase of 0.9% for the year-earlier period.