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Second quarter sales and margins declined due to misaligned assortments, inventory liquidation, and a highly promotional market, but e-commerce grew and store conversion improved. Guidance was lowered, with a focus on inventory control, localized assortments, and intensified advertising.Based on Sh…
Second quarter sales and margins declined due to misaligned assortments, inventory liquidation, and a highly promotional market, but e-commerce grew double digits and store conversion improved. Guidance was lowered, with margin pressure expected to persist. Inventory and liquidity remain strong.Bas…
Shoe Station Group reported second-quarter net sales of $284.3 million, down 7.2% year over year, and said it lowered FY2026 guidance to $1.1 billion-$1.111 billion. Management also said it is accelerating inventory liquidation and targeting a $50 million reduction by year-end.
Genesco said second-quarter fiscal 2027 bottom line results were significantly better than last year and well ahead of expectations, helped by higher gross margin recapture, more full-price selling and disciplined expense management.
Sportsman's Warehouse reported Q2 2026 net sales of $295.6 million, up 6%, with same-store sales flat. Hunting and shooting sports sales rose nearly 7% as the company cut inventory by more than $44 million year over year.