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Winter Holidays

  • Hibbett comes up short with earnings, revenues

    Birmingham, Ala. – Hibbett Sports Inc. cane up short of Wall Street expectations for earnings and revenues in the first quarter of fiscal 2016. Hibbett reported net income of $27.4 million, down 3% from $28.4 million a year earlier.

    Increases in store operating, selling and administrative expenses, as well as depreciation and amortization, fueled the decline in profit. Net sales grew 3% to $269.8 million from $261.9 million, while same-store sales dropped 0.9%.

  • Shoe Carnival celebrates profits; will open 18-19 stores

    Evansville, Ind. – Shoe Carnival Inc. saw net income and sales increase during the first quarter of fiscal 2015 as selling, general and administrative (SG&A) expenses and cost of sales rose at a slower pace than revenues.

    Net income totaled $10.4 million, up 8% from $9.2 million the same period a year earlier.

    Net sales increased 7% to $252.77 million, from $235.77 million. Same-store sales climbed 3%.

  • Stage Stores shrinks loss and revenue in Q1

    Houston – Stage Stores Inc. beat Wall Street expectations with a loss but missed with decidedly revenue in the first quarter of fiscal 2015. The retailer reported net loss of $8.64 million, an improvement from a net loss of $18.79 million the same quarter a year earlier.

  • Kohl’s Q1 profit tops forecast, misses on sales

    Menomonee Falls, Wis. – Kohl’s Corp. exceeded Wall Street expectations for profit but missed analysts’ expectations with its sales and same-store sales performance during a mixed first quarter of fiscal 2015.

    Net income climbed 2% to $127 million from $125 million in the year-earlier period, aided by improved expense management.

  • Five Below to open 3 new stores in Kansas City

    Five Below is accelerating its expansion plans with the opening of three new stores in Kansas City this week.

    "Entering the Kansas City metro area and opening our first store in Kansas, our 24th state, is very exciting as we continue to grow our footprint across the country," said Joel Anderson, CEO of Five Below. "We're thrilled to develop new relationships with customers in this dynamic market. Kids and parents looking for a fun place to shop for trend-right, high quality products at a great value will surely enjoy Five Below."

  • Winter’s toll on retailers includes high snow removal bills

    New York -- It’s no secret that the past winter took a heavy toll on retailers, with bitterly cold weather and snow storms keeping customers at home and sales down. But the snow also had a negative impact on retailers in other ways, as Kohl’s Corp. revealed Thursday on its quarterly conference with analysts.

  • Rebel Wilson gets a Torrid fashion line

    “Pitch Perfect” star Rebel Wilson is hot, and Torrid is leveraging that popularity by teaming up with the actress on a new fashion line.

    The plus-size fashion retailer is launching REBEL FOR TORRID, an exclusive capsule collection created with the actress, writer and comedian. The limited edition Holiday collection launches November, and will be sold in TORRID stores nationwide and worldwide on TORRID.com.

  • Kay Jewelers gets social for Mother's Day

    Kay Jewelers is leveraging the visual power of Pinterest and Instagram by running an innovative social media promotion for Mother’s Day.

    The retailer said that visitors to its Instagram and Pinterest accounts will have an opportunity to interact with the brand through eye-catching visuals that showcase the company's jewelry in unique and creative ways, as well as win huge prizes.

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