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
1 day ago · Sneaker imports jumped 18.7% to $1,563.5 million, the highest dollar total since 2022, and apparel also turned positive for the first time in seven quarters, growing 5.6% to $793.3 million. Total equipment imports increased 5.6% to $3,357.2 million, led by a double-digit increase in Racquet sports, a rebound in Outdoor, and continued ...
SGI News
Sep 5, 2024 · Shoe Carnival Grows Mid-teens, Lifts Guidance. 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
Dec 12, 2023 · 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
Nov 1, 2023 · Improving margin profiles sent net income up 20% to $6,827,000 from $5,691,000 in Q3 even as the top line shrank 15% to $125,614,000 from $147,486,000, on 17% lower wholesale revenue of $99.7 million and a 5% gain in retail to $24.5 million.
SGI News
May 11, 2023 · Feng Tay Grows Double Digits to Finish 2022. Net income attributable to shareholders at the Taiwanese footwear and sporting goods manufacturer fell 44% in the final quarter of 2022 to TWD 839.1 million ($26.9 mm) from TWD 1,508.5 million, on 22% higher revenues of TWD 22,863.4 million ($732.8 mm) up from TWD 18,724.7 million.
SGI News
Apr 21, 2023 · Double-digit declines in all categories contributed to a 51% drop in declared customs value of imports in Q1 to $3,678.4 million from $7,478.7 million, coming in lower than the pandemic’s Q1 and Q2, 2020, and the lowest quarterly total since 2010.
SGI News
Apr 27, 2023 · Rising costs related to elevated inventory levels sent net income down 31% in the first quarter to $46,202,000 from $66,837,000 despite 8% top line growth to $820,593,000, up from $761,510,000, boosted by pulled forward Columbia, Mountain Hardwear and prAna wholesale orders.
SGI News
Jun 22, 2021 · Net income was $23,372,000 in the first quarter ended Apr. 3, up from $421,000 last year, as consolidated revenues rose 55% to $166,618,000 against $107,282,000.
SGI News
Unseasonably warm weather impacted ASO’s third quarter results, sending net income 24% lower to $99,978,000 from $131,741,000 on a 6% drop in revenues to $1,397,777,000, down from $1,493,925,000 including a -8.0% comp on top of Q3 ‘22’s 7.2% decline. The negative comp consisted of an 8.1% drop in transactions and a slight increase in ...