May 30, 2018
Net income improved 3% to $60,085,000 from $58,195,000 for the 13 weeks ended May 5 on a 5% overall gain in sales to $1,909,719,000 against $1,825,252,000 that included a 2.5% comp decline adjusted for the calendar shift, but the results were well ahead of guidance.
Net income was $1,223,000 against a loss of $161,000 for the three months ended May 5 this year as sales gained 2% to $123,634,000 from $120,947,000 that included a 0.1% comp store gain adjusted for the calendar shift against a 1.2% comp gain last year.
Net income was 6% higher at $24,297,000 against $22,818,000 in the first quarter ended May 5, on revenues that increased 3% to $712,102,000 from $692,038,000 and comps that gained 2.2%.
The Administration said it will move ahead on identifying $50 billion worth of Chinese goods that would be subject to 25% tariffs, reversing the reversal of the original move.
The Big a will equip the Wolf Pack starting next year and through the 2024-25 season, following the expiration of two successive 5-year deals with the Eager Beavertons.
The 14th annual Team Dealer Market will be held this year at The Big Chill Event Center in Charlotte, NC.