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Dick's Sporting Goods Scaling Back Plans For New Stores, But Expects E-Commerce GrowthPublished in SportsBusiness Daily on 04 / 15 / 15
Dick's Sporting Goods has "scaled back its plans for new stores and its predictions for revenue growth and profitability over the next several years as demand remains sluggish for some of its core products," including golf, according to Alex Nixon of the PITTSBURGH TRIBUNE-REVIEW. Dick's yesterday s...
On CNBC''s "Bull Session," The Sports Authority CEO Jack Smith said, "Our footwear business all year has been very strong. We''ve seen a little bit of a shift in the wants of the consumer where basket
JumboSports Chair & CEO Stephen Bebis "resigned Monday after failing to lead the money-losing sporting goods chain to a promised turnaround," according to Kris Hundley of the ST. PETERSBURG TIMES. Jac
Nike stock value was examined by MA-based Dreman Value Management Money Manager John Dorfman for BLOOMBERG BUSINESS NEWS. Dorfman noted that Nike has seen its stock fall 20% this year, and that with S
Reebok stock dropped for the second day in a row on Wednesday, as analysts cited "disappointing sales figures" for the company''s new basketball sneaker, Allen Iverson''s The Answer, according to DOW
Black Friday, the first official day of the holiday shopping season, saw that "despite the robust nature of the economy, most people were hunting for bargains and giving cold shoulders to a lot of thi
U.S. citizens playing for the Raptors and Grizzlies have seen an increase in their income taxes, according to Bill Harris of the TORONTO SUN. Raptors GM Glen Grunwald: "We believe it equates to a 1%-2
Atlanta-based Bull Run Corp. "has struck an investment agreement that could lead to" a 20% stake in MO-based sporting goods company Rawlings, according to Al Stamborski of the ST. LOUIS POST-DISPATCH.
CNN''s Lou Dobbs reported that Nike fell yesterday 2 1/8 to 48 3/4. Dobbs added that Donaldson, Lufkin and Jenrette trimmed Nike''s earning estimates, expecting international sales to fall rapidly" ("
Arnold Palmer Golf said its Chair & CEO George Nichols and President Roger Helms have resigned from the company, according to the WALL STREET JOURNAL. John Lupton, Chair of the board''s Exec Committee
Walt Disney Co.''s fourth-quarter net income rose "nearly" 18%, according to Bruce Orwall of the WALL STREET JOURNAL. The company reported net income of $411M, or $0.60 a share, on revenue of $5.52B f