Foot Locker Posts Modest Q2 Sales Gain, Swings to Profit
Foot Locker, Inc. reported second quarter sales increased 1.5% to $1.30 billion from $1.28 billion for the year-ago quarter. Second quarter comparable-store sales, however, decreased 0.5%. The company reported net income of $18 million, or 11 cents per share, for the second quarter ended August 2, 2008 compared with a net loss of $18 million, or 12 cents per share, last year...(8/21/2008)

Hibbett Ups Earnings Guidance on Strong Q2
Hibbett Sports, Inc. raised its earnings guidance for the fiscal year ending Jan. 31 after reporting a 5% rise in comp store sales and a 13.9% rise in net sales for the 13-week period ended Aug. 2. Net income rose 2% to $4.8 million from the second quarter of 2007 on sales of $114.4 million...(8/21/2008)

PacSun Sales Up Slightly for Q2
Pacific Sunwear of California, Inc. reported that total sales for the second quarter of fiscal 2008 ended August 2 were $312.7 million, an increase over sales totals of $311.8 million for the same period last year. Total company same-store sales, however, decreased one percent during the second quarter of fiscal 2008... (8/21/2008)

Shoe Carnival's Q2 Sales Climb 2.4%; Earnings Soar
Shoe Carnival, Inc. reported earnings for the second quarter increased more than five-fold, to $977,000, or 8 cents a share,, from $167,000, or 1 cent, a year ago. Sales increased 2.4% to $158.5 million compared to sales of $154.8 million for the prior year second quarter. Comparable store sales decreased 1.0%...(8/21/2008)

Zumiez Lowers Guidance On Back Half Concerns
Zumiez Inc. lowered its earnings per share guidance by nearly 12% for the year, saying rising promotional activity by other retailers raised concerns about the back half of the year. The action sports chain said net sales rose 12.5% for the second quarter ended Aug. 2 on a 1.7% decline in comp store sales...(8/21/2008)

Bay Harbour to Acquire Steve & Barry's
Bay Harbour Management LC plans to purchase out of bankruptcy the assets of Steve & Barry's for $168 million. The New York-based investment firm plans to keep open about 150 of the chain's 276 stores, according to the Bay Harbour managing principal Douglas Teitlebaum. The deal remains subject to bankruptcy-court approval...(8/21/2008)

Skechers Responds to Heelys' Rejection
Skechers USA Inc. has issued a statement in response to Heelys’ rejection of Skechers’ proposal to enter into discussions regarding a business combination. “We are disappointed in Heelys’ response to our proposal. We continue to believe our offer provides a full and fair value to Heelys’ stockholders and such a transaction would be in their best interests...(8/21/2008)