Fitness financials: Town Sports tops 'biggest price decliners' list on Nasdaq, plus Hibbett Sports

Town Sports topped the list of "biggest percentage price decliners" among common stocks on the Nasdaq Stock Market on April 1, and Hibbett Sports said it would open 70 new stores in FY '10.
Author:
Updated:
Original:

Town Sports tops 'biggest price decliners' list on Nasdaq

No foolin': Town Sports International Holdings (Nasdaq: CLUB) topped the list of "biggest percentage price decliners" among common stocks on the Nasdaq Stock Market on April 1. Its shares shed $0.72, or 24.08 percent, to close at $2.27.

Hibbett Sports to open 70 new stores in FY '10

In a filing with the Securities and Exchange Commission, Hibbett Sports (Nasdaq: HIBB) said it plans to open as many as 70 new stores in fiscal year 2010. The expansion plans represent a decline over the company’s opening rates in recent years.

Hibbett said it would close between 20 and 25 stores and expand 20 stores it feels have significant additional sales potential. In fiscal year 2009, Hibbett opened 69 stores while closing 12. It added that the current economic environment and the commercial real estate market make expansion more difficult.

Hibbett has 745 stores in 24 states between West Virginia and Arizona. All but 199 stores are located in strip malls.

--Compiled by Wendy Geister

For more information about any public company on this page or its financial reports, as well as to view stock prices updated every 15 minutes, visit the SNEWS® Stock Market Updates. Click on: www.snewsnet.com/cgi-bin/snews/stock_report.html.

Related

Outdoor financials: Sport Chalet tops list of biggest price decliners on Nasdaq

Sport Chalet tops list of biggest price decliners on Nasdaq Sport Chalet's (Nasdaq: SPCHA & SPCHB) class B stock topped the list of biggest percentage price decliners among common stocks on the Nasdaq Stock Market. During trading on Oct. 14, Sport Chalet shares lost $1.19 to ...read more

Fitness financials: Nautilus among 'biggest percentage price decliners'

Nautilus among 'biggest percentage price decliners' Nautilus (NYSE: NLS) topped the list of "biggest percentage price decliners" among common stocks on the New York Stock Exchange on Oct. 12. It shed $0.17, or 7.52 percent, to close at $2.09. Volume was nearly 635,000. The ...read more

Fitness financials: Nautilus tops list of biggest price decliners on NYSE, plus Winmark, Brunswick, Forzani, Finish Line

Nautilus tops list of biggest price decliners on NYSE Shares of Nautilus (NYSE: NLS) dropped July 21 after a Wedbush Morgan Securities analyst downgraded the company, citing high materials costs, low customer spending and his belief that previously announced cost-cutting measures ...read more

Fitness financials: Nautilus among NYSE’s biggest price decliners, plus Nike, Cybex

Nautilus among NYSE’s biggest price decliners Nautilus (NYSE: NLS) topped the list of “biggest percentage price decliners” among common stocks on the New York Stock Exchange. On Dec. 21, it closed at $2, down $0.18 or 8.26 percent compared to Dec. 18, on a volume of more than ...read more

Fitness financials: Life Fitness parent among biggest decliners on NYSE, plus Winmark

Life Fitness parent among biggest decliners on NYSE Brunswick (NYSE: BC), parent of Life Fitness and Hammer Strength, was among the 10 biggest percentage decliners on the New York Stock Exchange on July 14. It dropped $0.92, or 6.15 percent, to close at $14.05. Winmark reports Q2 ...read more

Fitness financials: adidas focuses on Reebok restructure, plus Sport Chalet

adidas focuses on Reebok restructure In an interview with German newspaper Welt am Sonntag, adidas CEO Herbert Hainer said it is making progress in restructuring Reebok. "We are making significant progress with Reebok," he was quoted as saying when asked whether adidas was ...read more

Fitness financials: Hibbett's Q4 profit declines, expects difficult year

Hibbett Sports (Nasdaq: HIBB) said its fiscal fourth-quarter profit fell 36 percent, hurt by a difficult retail environment. Net income for the quarter dropped to $8.1 million, or $0.26 per share, from $12.6 million, or $0.39 per share, in 2006. Results were at the top end of ...read more

Fitness financials: Town Sports downgraded, plus Nike

Town Sports downgraded by Stifel Nicolaus An analyst downgraded Town Sports International Holdings (Nasdaq: CLUB) to "Hold" from "Buy" based on concerns about job losses on Wall Street. New York is home to about two-thirds of Town Sports' base, and though the financial sector ...read more

Fitness financials: Nautilus tops NYSE ‘price gainer’ list for second time in a week, plus Big 5, Dick’s, Finish Line

Nautilus tops NYSE ‘price gainer’ list for second time in a week For the second time in less than a week, Nautilus (NYSE: NLS) was among the New York Stock Exchange’s “biggest percentage price changers.” On Jan. 21, it closed the day at $2.59, up $0.19, or 7.92 percent, on a ...read more