Tag Archives: Gordmans

Gordmans Posts $3.2 Million Loss in Q2

Gordmans

OMAHA, Neb.-Rising costs, particularly interest expense, put Gordmans into the red in its fiscal second quarter, to the tune of $3.2 million. Interest expense rose from $117,000 to $1.3 million, because of additional interest associated with a term loan the retailer entered into in August of last year to partially fund the cash dividend GordmansMore »

Last updated: August 28, 2014

Hall Named Gordmans’ President, CEO

Andrew Hall

OMAHA, Neb.-Gordmans Stores has appointed Andrew T. Hall president and CEO, effective yesterday. Hall has succeeded T. Scott King, Gordmans’ chairman, who served as interim CEO since March. King took the interim CEO post on the retirement of Jeff Gordman, who had been president and CEO since 1996. Hall was president and CEO of StageMore »

Last updated: August 20, 2014

Gordmans Tabs Myers for Marketing, Townsend for E-commerce

Amy Starr Myers

OMAHA, Neb.-Amy Starr Myers has joined Gordmans as senior vice president of marketing, and Stacey Townsend has been named vice president and general manager of e-commerce. Both are new positions for the specialty retailer. Myers is responsible for Gordmans’ marketing operations, and reports directly to T. Scott King, chairman and interim CEO. Townsend will launchMore »

Last updated: July 8, 2014

Morand Out as Gordmans Chief Merchandiser

Gordmans

OMAHA, Neb.-Michael Morand, executive vice president and chief merchandising officer of Gordmans, has resigned, according to a filing by the home specialty retailer with the U.S. Securities and Exchange Commission. Morand tendered his resignation on May 28, when it took effect. The filing said Gordmans’ merchandising team will report to T. Scott King, interim CEO,More »

Last updated: June 3, 2014

Gordmans Goes from Profit to Loss in Q1

Gordmans

OMAHA, Neb.-Added costs put Gordmans’ first-quarter bottom line into the red, to the tune of $732,000, compared to net income of $3.2 million for last year’s first quarter. Selling, general and administrative expenses jumped 18 percent in dollars and 346 basis points as a percentage of sales, to 44.3 percent. Operating costs rose as aMore »

Last updated: May 29, 2014

Gordmans’ Net Falls for FY, Q4; CEO Gordman to Retire

Gordmans

OMAHA, Neb.-Gordmans posted drops of 66 percent and 65.6 percent in its fiscal-year and fourth-quarter net income, respectively. The retailer has also announced that its president and CEO, Jeff Gordman, is retiring. Gordman has also resigned from the company’s board of directors. T. Scott King, Gordmans’ chairman, will serve as interim CEO while a searchMore »

Last updated: March 25, 2014

Gordmans Profit Dives 72.5 Percent in Q3

Gordmans

OMAHA, Neb.-Jumps in expenses slashed into Gordmans’ bottom line in its fiscal third quarter, to the tune of a 72.5 percent decrease to $1.1 million. Selling, general and administrative expenses were up 11.8 percent in dollars and 229 basis points as a percentage of sales, to 42.7 percent. Gross margin was down 62 basis pointsMore »

Last updated: December 3, 2013