On January 13th, GoPro filed an 8-K with the SEC. In the press release it included, they announced expected fourth quarter revenue of $435 million and $1.6 billion for the year and a projected gross margin of 34.5% to 35.5%. The annual number represents 16% year over year revenue growth. By way of comparison, in […]
GoPro Gives Us Some Preliminary Financial Results Read More »
A couple of days ago, Skullcandy decided that the prospects for its fourth quarter had changed enough that they needed to disclose it. They filed an 8K with the SEC to accomplish that. You might want to read the press release that’s part of it. Skull said it expects fourth quarter sales to be the
Skullcandy Revises its Forecast for the Quarter Read More »
I came across this short article recently talking about the ongoing improvement in store brands and their importance to retailers. Now, it’s not our industry but I thought everything they said applies to us. I guess the standard explanation for store brands is that they give the retailer some more margin. True, and that margin
The Role of Store Brands Read More »
The Buckle didn’t say anything unusual or intriguing in its conference call or 10-Q. I guess that’s good. But at the moment, this is the last retailer I haven’t reported on, and it appeals to my sense of order to get it done before settling in for Christmas and the holidays. What we can learn
A Brief Review of The Buckle’s Quarter Read More »
It used to be way easier to grow a retail chain. You found a good location, made a deal with the landlord, made improvements, and brought in some inventory and some experienced management to train the new group of employees. If you did this mostly right, a year later (maybe sooner) you had a cash
Tilly’s Offers Us Some Thoughts on Retail Stores. Read More »
It’s my belief that PacSun CEO Gary Schoenfeld has mostly done the right things since he joined the company. But so far PacSun hasn’t been able to reclaim the competitive position in the market it used to have. Maybe, if this wasn’t a brutally competitive, over supplied, retail environment, things would be different. But they
Where do They Go from Here? PacSun’s Quarter Read More »
SPY filed a form 15-12G with the Security and Exchange Commission on December 11th. The press release that accompanied the filing stated, “As a result of this filing, the Company ’ s obligations to file certain reports with the SEC, including annual, quarterly and current reports on Form 10-K, Form 10-Q and Form 8-K, respectively,
SPY Ceases to be a Public Company Read More »
As with most industry retailers, it’s not exactly a great time for Zumiez. Their October 31st quarterly numbers were disappointing. We’ll talk about those. But I want to spend most of this discussion on where, exactly, Zumiez’s is in the market and how CEO Rick Brooks describes and projects what’s happening in retail. The funny
Television was first demonstrated back in the 1920s. But it was really wasn’t until the late 1950s that it took off. I don’t think breakthrough technologies take 30 plus years to make it into the mainstream any more. Maybe it’s better to say that once they reach their tipping point, their adoption accelerates dramatically. Why?
“Forget Shopping. Soon You’ll Download Your New Clothes” Read More »
A&F (owner of the Hollister brand) had a pretty good quarter. I’m thrilled that their sales fell a bit and want to start by reminding you why I’d think like that (though they tell us it was mostly caused by exchange rates). Here we sit over retailed as an industry and a country with a