Dick's Sporting Goods Lowers Q4 Guidance
Dick's Sporting Goods, Inc. reported third quarter earnings slumped 24.6% to $9.2 million, or 8 cents per diluted share, from $12.2 million, or 10 cents, a year ago. The third quarter earnings per diluted share are at the top end of earnings guidance provided on Aug. 21 of 4 cents to 8 cents per diluted share. However, the retailer lowered its fourth quarter guidance due to current business trends and "the unpredictability of consumer behavior approaching the holiday season"...(11/20/2008)

Hibbett Raise Earnings Outlook on 8.1% Sales Increase
Hibbett Sports Inc. raised its earnings outlook for the fiscal year ended Jan. 31, 2009 saying its IT investments were helping it better manage inventory and boost comp store sales despite economic headwinds. The company said net sales rose 8.1% on a 0.4% increase in comp store sales in the third quarter ended Nov. 1...(11/20/2008)

Foot Locker Q3 Sales Drop 3.5%, Cuts Q4 EPS Outlook
Foot Locker, Inc. reported net income of $24 million, or 16 cents per share, for the third quarter ended Nov. 1, 2008, compared with net loss of $33 million, or 22 cents per share, last year. But the retailer lowered its guidance for fiscal 2008 below analyst estimates, reflecting "company's actual results for its third fiscal quarter and a more guarded outlook for its fourth fiscal quarter."...(11/20/2008)

Profits at Shoe Carnival Drop 38.1%
Shoe Carnival, Inc. reported net earnings in the third quarter fell 38.1% to $2.6 million, or 21 cents a share, from $4.2 million, or 33 cents, a year ago. Sales slid 2.2% to $170.1 million from $173.9 million with comps down 5%...(11/20/2008)

Zumiez Q3 Comps Drop 5.8%, Net Sales Rise 7.9
Zumiez Inc. saw total net sales for the third quarter ended Nov. 1, 2008 increased by 7.9% to $112.2 million from $104.0 million reported in the third quarter ended Nov. 3, 2007. Comparable store sales decreased 5.8% for the third quarter of fiscal 2008 compared to...(11/20/2008)

American's Drive 4.4% Fewer Miles in September
Americans drove 4.4% less, or 10.7 billion fewer vehicle miles traveled (VMT), in September 2008 than September 2007, the eleventh-straight month of declining driving. The bad news, the decline has cost the Highway Trust Fund, the primary source of federal transit funding, $3 billion in fiscal 2008...(11/20/2008)

ESPN to Face Quicksilver Trademark Allegations
A federal judge has ruled that ESPN, Inc. must face allegations of Quicksilver, Inc. that its X-Games logo violates Quicksilver’s “Generation X” clothing trademark...(11/20/2008)