$WWW (Wolverine World Wide Inc.)

$WWW {{ '2016-09-16T11:47:13+0000' | timeago}} • Announcement

$WWW announced the completion of its debt refinancing activities on Sept. 15, 2016. This includes the amendment of its senior credit facility and the redemption of its 6.125% senior notes due 2020.

$VFC {{ '2018-01-18T20:39:04+0000' | timeago}} • Announcement

$VFC will open a new distribution center in Jonestown, Pennsylvania in early 2019. $VFC is investing up to $52MM in the project and bringing more than 175 full-time jobs to the area over the next three years. $VFC will lease a 500,000-sq.ft. facility in Jonestown. The lease will begin in July 2018. $VFC expects to begin hiring in mid-2018.

$JWN {{ '2018-01-09T22:45:50+0000' | timeago}} • Announcement

$JWN updated its FY17 expectations for an increase in net sales of approx. 4.2%, inclusive of the 53rd week, and an increase in comparable sales of approx. 0.5%. The company expects full-year diluted EPS to be $2.90-2.95, compared with its prior outlook of $2.85-2.95.

$JWN {{ '2018-01-09T22:45:35+0000' | timeago}} • Announcement

$JWN's net sales grew 2.5% and comparable sales grew 1.2% for the nine weeks ended Dec. 30, 2017, vs. prior-year period. In the Nordstrom brand, including US and Canada full-line stores and Nordstrom.com, net sales when combined with Trunk Club, rose 0.7% and comp sales rose 1%. For Nordstrom Rack, net sales grew 8.2% and comp sales grew 2.9%.

$JWN {{ '2018-01-09T18:59:54+0000' | timeago}} • Announcement

$JWN said the president of its Rack division, Karen McKibbin, will retire from her post after three decades. McKibbin will be succeeded by Geevy Thomas, the chief innovation officer of $JWN.

$SHOO {{ '2018-01-08T13:24:01+0000' | timeago}} • Announcement

$SHOO announced preliminary sales results for 4Q17. Net sales were $364.4MM, up 8.3%, as retail comparable store sales decreased 5.1%. Retail net sales increased 1.5% to $86.2MM during this period.

$CROX {{ '2018-01-08T12:39:02+0000' | timeago}} • Announcement

$CROX said it expects fiscal 2017 revenues to be down low single digits, compared to last year. The company continues to expect full year gross margin to be about 50%. SG&A expenses are estimated to be $498MM, including about $16MM of one-time charges.

$CROX {{ '2018-01-08T12:34:42+0000' | timeago}} • Announcement

Footwear maker $CROX has upgraded its 4Q17 revenue outlook to the range of $195MM to $198MM from the previous estimate of $180-$190MM, representing a 5% annual growth. The company also revised up its gross margin guidance by 200 basis points to about 45%. Meanwhile, SG&A expenses are forecasted to be flat at last year’s level of $118.5MM.

$CATO {{ '2018-01-04T13:49:01+0000' | timeago}} • Announcement

$CATO expects 4Q17 earnings to be a loss of $0.30-0.45 vs. a loss of $0.48 last year. This includes the current estimated impact of an additional expense of between $0.20-0.30 for the required adjustments due to the implementation of the Tax Cuts and Jobs Act of 2017. $CATO expects full year 2017 diluted EPS to be $0.50-0.65 vs. $1.72 last year.

$CATO {{ '2018-01-04T13:48:47+0000' | timeago}} • Announcement

$CATO reported sales for the five weeks ended Dec. 30, 2017 of $94.7MM, down 9% from $104.4MM for the five week period ended Dec. 31, 2016. Same-store sales for the month fell 9%. Sales for the eleven months ended Dec. 30, 2017 were $787.9MM, down 13% from $901.8MM for the prior-year period. YTD same-store sales decreased 13%.

$JWN {{ '2018-01-02T14:31:32+0000' | timeago}} • Announcement

$JWN said it will hire 250 employees for its first stand-alone Men's Store in Manhattan. The company appointed Cailin Caro as store manager of the NYC Men's Store, and company veteran Chris Wanlass as VP of its Manhattan full-line stores.

$JWN {{ '2018-01-02T14:30:06+0000' | timeago}} • Announcement

$JWN said it will hire 250 employees for its first stand-alone Men's Store in Manhattan, which will open on Broadway between West 57th and West 58th Streets in April 2018. The company will also open a New York City flagship store in 2019 at the base of Central Park Tower, an Extell Development Company Project.

$NKE {{ '2017-12-22T14:59:30+0000' | timeago}} • Webcast

For FY18, $NKE continues to expect reported revenue growth in the mid single-digit range. However in 3Q18, with new product launches coming later in the quarter, the company expects reported revenue growth at or slightly below the rate of reported revenue growth delivered in 2Q18.

$NKE {{ '2017-12-22T14:53:43+0000' | timeago}} • Webcast

$NKE said it is continuing to see good growth potential in China over the long-term. The company added that it will continue to invest in China and extend its leadership there.

$NKE {{ '2017-12-22T12:02:01+0000' | timeago}} • Announcement

During 2Q18, $NKE repurchased a total of 16.7MM shares for approx. $902MM as part of the four-year, $12Bil program approved by the BoD in Nov. 2015. Additionally, GM for the quarter declined 120 BP to 43%, as higher ASPs were more than offset by unfavorable changes in FX rates and higher product costs per unit.

$NKE {{ '2017-12-22T11:51:29+0000' | timeago}} • Announcement

Footwear major $NKE reported dismal performance for 2Q18 with profit sinking 8.9% on waning margins in its largest market, North America. Profit fell to $767MM or $0.46 per share from $842MM or $0.50 a year ago. Revenue, however, surged 4.5% on higher demand from Greater China and EMEA regions, which was up 16% and 19% in revenue respectively.

$NKE {{ '2017-12-21T21:58:47+0000' | timeago}} • Infographic

$NKE NIKE, Inc. Earnings AlphaGraphic: Q2 2018 Highlights

$MYE {{ '2017-12-20T20:20:15+0000' | timeago}} • Announcement

Polymer company $MYE has completed the sale of its Brazilian subsidiaries to Novel Holdings. Myers expects to record a pre-tax loss of about $35MM in 4Q17, primarily related to asset write-down transaction-related costs. Write-down of the assets is expected to result in a cash tax benefit of $15MM.

$ICON {{ '2017-12-19T11:54:56+0000' | timeago}} • Announcement

Consumer products maker $ICON has appointed Peter Cuneo as Executive Chairman of its Board of Directors, effective immediately. Cuneo, who currently serves as Chairman of the Board, had served as the company’s Interim CEO from August 2015 to April 2016.

$TJX {{ '2017-12-11T18:52:13+0000' | timeago}} • Infographic

With too many players upsetting the supply-demand balance, staying profitable has become a challenge. It is high time store operators shifted their focus from promotion to innovation. $TJX $M $KSS $JWN $ROST $JCP

$DECK {{ '2017-12-08T12:52:56+0000' | timeago}} • Announcement

Glass, Lewis & Co. reaffirmed its recommendation that $DECK's stockholders vote for ALL of $DECK's highly qualified and experienced director nominees on the WHITE proxy card at the company's 2017 Annual Meeting of Stockholders to be held on Dec. 14, 2017.

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