Footwear

Genesco Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results

Retrieved on: 
Friday, March 8, 2024

Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.

Key Points: 
  • Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.
  • The effective tax rate for the quarter was 43.0% in Fiscal 2024 compared to 19.1% in the fourth quarter last year.
  • GAAP earnings from continuing operations were $20.3 million in the fourth quarter of Fiscal 2024 compared to $39.2 million in the fourth quarter last year.
  • Total debt at the end of the fourth quarter of Fiscal 2024 was $34.7 million compared with $44.9 million at the end of last year’s fourth quarter.

G-III Apparel Group Announces Date for Fourth Quarter and Full Fiscal Year 2024 Results

Retrieved on: 
Thursday, March 7, 2024

G-III Apparel Group, Ltd. (NASDAQ: GIII) a global leader in fashion with expertise in design, sourcing, and marketing, today announced that it will release its fourth quarter and full fiscal year 2024 earnings before the market opens on Thursday, March 14, 2024.

Key Points: 
  • G-III Apparel Group, Ltd. (NASDAQ: GIII) a global leader in fashion with expertise in design, sourcing, and marketing, today announced that it will release its fourth quarter and full fiscal year 2024 earnings before the market opens on Thursday, March 14, 2024.
  • Management will host a conference call to discuss results at 8:30 a.m.
  • ET that same day, followed by a question and answer session for the investment community.
  • A replay of the conference call will be available using the same link, as well as on the company’s Investor Relations website.

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Earnings Conference Call

Retrieved on: 
Thursday, March 7, 2024

lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the fourth quarter and full year fiscal 2023 will be released Thursday, March 21, 2024.

Key Points: 
  • lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the fourth quarter and full year fiscal 2023 will be released Thursday, March 21, 2024.
  • The company will host a conference call at 4:30 p.m. Eastern time to discuss the financial results.
  • A live webcast of the conference call will be available online at: https://corporate.lululemon.com/investors/news-and-events/events-and-pre... .
  • A replay will be made available online approximately 2 hours following the live call for a period of 30 days.

AEO Reports Record Fourth Quarter Revenue, Reflecting Momentum Across Brands and Continued Progress On Profit Improvement Initiatives

Retrieved on: 
Thursday, March 7, 2024

As our profit improvement initiatives took hold, we delivered a material improvement in business, underscoring the power of our brands, operations and strategic focus.

Key Points: 
  • As our profit improvement initiatives took hold, we delivered a material improvement in business, underscoring the power of our brands, operations and strategic focus.
  • “We are entering 2024 with momentum and from a position of strength with an exciting line-up of innovation and customer engagement initiatives.
  • The 53rd week contributed $57 million or approximately four points to revenue growth in the quarter.
  • In the fourth quarter, the company recorded a $131 million impairment and restructuring charge, of which $119 million was non-cash.

Skechers to Present at the UBS Global Consumer and Retail Conference on March 13th

Retrieved on: 
Wednesday, March 6, 2024

Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the UBS Global Consumer and Retail Conference in New York City on Wednesday, March 13, 2024 at 10:00 a.m. PT / 1:00 p.m.

Key Points: 
  • Skechers U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the UBS Global Consumer and Retail Conference in New York City on Wednesday, March 13, 2024 at 10:00 a.m. PT / 1:00 p.m.
  • ET.

J.Jill, Inc. to Report Fourth Quarter and Fiscal Year 2023 Results on March 20, 2024

Retrieved on: 
Wednesday, March 6, 2024

J.Jill, Inc. (NYSE:JILL) (“J.Jill” or the “Company”) today announced that its financial results for the fourth quarter and fiscal year 2023 will be released before market open on Wednesday, March 20, 2024.

Key Points: 
  • J.Jill, Inc. (NYSE:JILL) (“J.Jill” or the “Company”) today announced that its financial results for the fourth quarter and fiscal year 2023 will be released before market open on Wednesday, March 20, 2024.
  • Claire Spofford, Chief Executive Officer, and Mark Webb, Chief Financial Officer and Chief Operating Officer, will host a conference call at 8:00 a.m. Eastern Time to discuss the financial results.
  • Investors and analysts interested in listening to the call are invited to dial (800) 715-9871 or (646) 307-1963 if calling internationally.
  • Please dial in approximately 10 minutes prior to the start of the call and reference Conference ID 2923526 when prompted.

lululemon’s First-of-its-Kind Women’s Ultramarathon, FURTHER, Begins March 6 to Better Understand Human Performance and Challenge World Records

Retrieved on: 
Tuesday, March 5, 2024

Several products also include features to help the runners stay cool and store items they need during the race.

Key Points: 
  • Several products also include features to help the runners stay cool and store items they need during the race.
  • “When supported with innovation and resources, we are confident women will continue to redefine the limits of what’s possible.
  • This includes the chance to exceed the men’s six-day world record which would mark the first time a woman sets the current overall ultrarunning distance world record.
  • The Centre for Social Impact will have contributed over $5 million USD since 2021 to advancing the program’s work globally.

Manhattan Unveils First Unified Commerce Benchmark for Specialty Retail in Europe

Retrieved on: 
Tuesday, March 5, 2024

Manhattan Associates Inc. (NASDAQ: MANH) today announced the findings of the industry's first real-world analysis of Unified Commerce in specialty retail in Europe conducted in partnership with Google Cloud and Zebra Technologies.

Key Points: 
  • Manhattan Associates Inc. (NASDAQ: MANH) today announced the findings of the industry's first real-world analysis of Unified Commerce in specialty retail in Europe conducted in partnership with Google Cloud and Zebra Technologies.
  • The Unified Commerce Benchmark for Specialty Retail, conducted by Incisiv via actual shopping transactions, assessed three retail verticals (apparel and footwear, home and DIY, and luxury), and five countries (France, Germany, Italy, UK, and the Netherlands).
  • The Unified Commerce Benchmark for Specialty Retail in Europe conducted by Incisiv , assessed 50 retailers, analysing 290+ customer experience capabilities in four categories including: search and discovery; cart and checkout; promising and fulfilment and service and support.
  • Of the 50 retailers benchmarked, four brands emerged as overall leaders in Unified Commerce: Adidas, H&M, Leroy Merlin and M&S.

Sam Edelman Collaborates with SCAD on Exclusive Capsule Collection for Nordstrom

Retrieved on: 
Tuesday, March 5, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240305000484/en/
    Sam Edelman Collaborates with SCAD on Exclusive Capsule Collection for Nordstrom (Photo: Business Wire)
    In celebration of Nordstrom’s “Make Room for Shoes” campaign and rich shoe history, dating back to 1901, the Sam Edelman x SCAD capsule collection delivers innovative and exclusive products centered around the emerging trends for the season.
  • “Mentoring the next generation of talent is a cornerstone of Sam Edelman's commitment to the future of design,” remarked Jesse Edelman, general manager and senior vice president of the Sam Edelman division.
  • Sam and Libby spent time at SCAD, working with the students to create this collection of sneakers through an unrestrained, imaginative approach to women’s and kids’ sneaker design.
  • “Working with Sam Edelman and Libby on this project was nothing short of amazing,” remarked Michael Mack, SCAD professor of sneaker and accessory design who led the course.

JCPenney Celebrates Women’s History Month Through Community Grant Initiative

Retrieved on: 
Monday, March 4, 2024

Additionally, JCPenney is honoring Women’s History Month by releasing a "Women Making Change" apparel collection.

Key Points: 
  • Additionally, JCPenney is honoring Women’s History Month by releasing a "Women Making Change" apparel collection.
  • Eligible applicants can be any woman actively serving their community through volunteer work at a 501(c)3 nonprofit organization.
  • In honor of Women’s History Month, JCPenney will be making donations to the causes and charities these community leaders support.
  • “While these initiatives are highlighted today, we hope their impact is celebrated beyond this one month.”