Kelli D. Molczyk is stepping down from her position and has left the company to pursue other opportunities, effective immediately.
Net sales fell 5.2% for the four weeks ended March 2.
The net income for the fiscal quarter ended July 29, 2023 was $45.6 million.
Overall, net sales for the retailer were down for the month.
The Kearney, Nebraska retailer saw declines in men’s and women’s, continuing a trend it saw coming out of its fiscal | Read more…
Excess footwear inventory from casual brands such as Hey Dude took a bite out of footwear, while sales more broadly | Read more…
Accessories offered the one bright spot and was the only reported segment to see an increase for the month.
Sales decreased to $113.4 million from last year’s net sales of $124.9 million in the same period of time.
The retailer said both the men’s and women’s businesses declined during the month.
Falling demand has helped congestion, but one big wildcard remains: the West Coast dockworker negotiations.
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