In its conference call and 10Q filing for its May 4th quarter, Hibbett said some interesting things about what it’s doing. Let’s take a brief look at Hibbett and its numbers then talk about how Hibbett is trying to adjust to the changing retail world after its very late start. Hibbett describes itself as “…a […]
In 5,000 years of recorded history, there isn’t another known instance of negative interest rates. Now we’ve got about $13 trillion of securities with negative interest rates around the world. So far, that hasn’t happened in the United States, but don’t assume it won’t when we finally get a recession. Money is a commodity. It […]
A couple of years ago Zumiez stopped reporting comparable store sales changes and started reporting just comparable sales changes. That is, they no longer told us how their brick and mortar stores were doing in isolation from ecommerce. They were one of the leaders in making this change. Now, it’s how most retailers report. Their […]
VF’s secret sauce isn’t secret. It’s just hard to do. Executing the strategy takes leadership, a quality team, organizational consensus, and a certain level of confidence and perhaps willingness to fail to take advantage of uncertain times. You’ve probably realized that every company needs those things. So let’s take a deep dive into how VF […]
Emerald and SIA are kind of, for now anyway, joined at the hip due to their ownership/continued involvement in the Snow Show. They are both trying to respond to profound changes in the active outdoor market that are changing their business models. I thought I might kill the proverbial two birds with one stone and […]
For years bordering on decades, we’ve wrung our hands over the issue of increasing participation. There’ve been programs and research and money spent. Maybe without those programs things would be worse. But so far, they don’t seem to have moved the needle the way we want. We’ve got financial, demographic, and climatic factors in the […]
“At the end of the second quarter of Fiscal 2018, we successfully launched our e-commerce website,” Hibbett Sports (HS) tells us in their 10-K for the year ended February 2nd. This isn’t news. I wrote about it last October when I discussed their quarterly results. If you’re not already familiar with HS, you might review […]
The title of the press release is “Authentic Brands Group Acquires Volcom.” Well, not exactly. The Authentic Brands Group (ABG) press release goes on: “…ABG has taken a minority stake in Liberated Brands, the newly-formed operating company for Volcom. Todd Hymel and Volcom’s current management team have taken the majority stake in Liberated Brands and […]
Let’s go right to something Zumiez CEO Rick Brooks says at the end of the conference call on their results. “…our goals [is to] continue to grow the profitability of the business from [an] operating profit perspective. Now of course if we have recession we’ll go backwards and we’ll see competitors go away across the […]
Globe reported growth in revenue and income for the six months ended December 31 though, as usual, they don’t give us much information on how they did it. I’ll tell you what I can glean from the public documents. All numbers in Australian dollars of course.
