As I’ve recently written, Tilly’s and Zumiez were kind of caught by surprise by their very positive end of October quarterly results. But because the surprise was of the positive kind, nobody seemed to care. Though perhaps they should. The Buckle, on the other hand, reported a 14.6% decline in revenues from $280 million in […]
Zumiez’s 10-Q for its quarter ended October 31 reported an increase in sales and profits. I used the word “Too” in the article title because it sounds a bit like the Tilly’s results I reported a few days ago. Zumiez, like Tilly’s, would like to point to all the good things it’s doing as being
Zumiez Has a Good Quarter Too Read More »
You can’t fault the numbers. Sales grew 7.4% for the quarter ended October 29th compared to the same quarter last year. That got them to $152.1 million in revenue for the quarter. Comparable store sales rose 4.4%, accounting for $6 million of the revenue increase. “Store comps were up low-single digits and e-commerce continued to
Tilly’s Has a Great Quarter, But I’m Not Sure They Completely Know Why Read More »
As part of a press release entitled “Solid Holiday Demand in the U.S. for GoPro HERO5,” GoPro announced, further down the press release, that its board of directors had “…approved a restructuring of the Company’s business. The restructuring includes a global reduction-in-force, the closure of the Company’s entertainment division and the consolidation of certain leased
GoPro Announces a Restructuring Read More »
I wouldn’t quite characterize this as an article as much as random musing about some internet experiences I’ve had. I can’t wait to see what I write. My microwave broke. Not so much broke. The door wouldn’t latch so I couldn’t use it unless I stood there and held the door closed. Not particularly practical.
Internet Related Issues for Retailers and Brands to Think About Read More »
Why Did The Great Recession Happen? If you’ve ever looked at the suggested reading list on my web site, you know that I read some stuff that’s not related to business and certainly not to our industry. Not directly that is. But I think it helps me understand the environment we operate in and perhaps
Why Did The Great Recession Happen? Read More »
Billabong held its annual meeting on November 22. Back in August, I reported on Billabong’s results for the year ended June 30. Here’s the link to that article. The headline numbers then (all numbers in Australian dollars) were revenue from continuing operations of $1.10 billion and a net loss after tax of $23.7 million. I
Billabong’s Annual Meeting: The Future’s Still Coming Read More »
I like to characterize a sudden good idea as getting whacked on the side of the head by a two by four. Today, I got whacked by a lily. My wife’s birthday is tomorrow and I walked into a convenient florist to order some flowers. Except what I walked into was a little café. Quite
The Shape of Brick and Mortar to Come? Read More »
Deckers, as you know, owns Ugg, Teva, and Hoka as well as Sanuk and some other smaller brands. Their second quarter kind of reflected the economic and competitive conditions we’re seeing as most companies report their results. However, Deckers is making a solid overall profit. Total revenue at $485.9 million didn’t change much. It was
Finally, a Sign of Life at Sanuk: Deckers’ September 30 Quarter Read More »
I like GoPro’s strategy. Or at least, I don’t know what other strategy I could choose to pursue as a public company in their space. Here’s how they describe its evolution in the 10-Q for September 30. “What began as an idea to help athletes document themselves engaged in sport, GoPro has become an end-to-end
The Same Old Competitive Conundrum: GoPro’s September 30 Quarter Read More »