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Sales results mixed for Dick’s Q4
Dick’s Sporting Goods fell three cents short of analysts’ profit forecast in the fourth quarter thanks to a 1.2% same store sales increase partially caused by unseasonably warm weather and soft sales of big ticket items.
Sales for the 14 week period ended February 2, increased 12% to $1.8 billion compared to the 13 week period the prior year. The company’s consolidated same store sales increase of 1.2% was driven by a 54.2% increase in online sales, offset by a 2.2% decrease at Dick's Sporting Goods stores and a 1.3% increase at Golf Galaxy stores.
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Former Sears Canada chief administrator named EVP at Charming Charlie
HOUSTON — Fashion accessories retailer Charming Charlie announced that Tom Fitzgerald has joined the company as EVP, CAO and CFO.
"We are confident that Tom's vision and specialty retail experience will bring tremendous value to our company as we continue to be the leading fashion accessories destination," said Charlie Chanaratsopon, Chief Executive Officer and Founder of charming charlie. "Tom is not only a leader in finance; he is a balanced and strategic business executive whose background will complement us well."