FINANCE

Buckle Q2 net income meets Street’s view

BY Staff Writer

Kearney, Neb. — The Buckle reported Thursday that net income for the period ended July 28 dipped 2% to $23.2 million, compared with $23.6 million in the year-ago period, but matching forecasts.

Net sales rose 2% to $215.5 million, just missing Wall Street’s expected $215.9 million in revenue. Same-store sales dipped 0.8%.

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KitchenAid keeps things fresh with new French door refrigerators

BY CSA STAFF

BENTON HARBOR, Mich. — KitchenAid has introduced new freestanding French door refrigerators that utilize a system of cutting-edge advancements to help extend the storage life of both fresh and frozen ingredients. These latest models join a collection of freestanding side-by-side models available with its Preserva Food Care System, designed to control the humidity, ethylene gas and odors that can rob foods of their freshness.

"The notion that the freshest possible ingredients are the foundation for a great recipe has long been a mantra of both professional chefs and passionate home cooks," noted Beth Robinson, senior manager of brand experience for KitchenAid. "Our new French door refrigerators make it easier to follow this basic principle by keeping everything from fruits, vegetables and herbs to ice cream and frozen pie dough at their best."

The Preserva Food Care System offered in the new French door models was engineered to control the storage life of refrigerated and frozen foods by addressing three key issues that are essential for food preservation: humidity, ethylene and odors. Sequential dual evaporators provide independent cooling to help prevent refrigerator air from mixing with freezer air. This allows for the higher humidity needed to maintain fresh ingredients in the refrigerator while keeping humidity out of the freezer compartment to minimize freezer burn. In addition, separate evaporators prevent any strong refrigerator odors caused by foods like onions or fish from seeping into the freezer.

To reduce common food odors, a FreshFlow Air Filter uses activated carbon that is 15 times more powerful than baking soda. A Temperature-Controlled Pantry Drawer allows for different foods to be stored at the optimal temperatures and has four settings: Fresh Meat (32° F), Party (36° F), Deli (39° F), and Wine (41° F). The drawer can also be customized between 32° F – 41° F to accommodate a range of foods.

The new KitchenAid® freestanding French door standard-depth models are available in monochromatic stainless steel, white and black at suggested retail prices ranging from $2,799 to $2,999.

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Former Gatorade leader named first president of Equinox

BY CSA STAFF

NEW YORK — Equinox, an operator of full-service fitness clubs, announced that Sarah Robb O’Hagan, who currently serves as president of Gatorade and global sports nutrition at PepsiCo, will join the company as its first president. Robb O’Hagan will lead an aggressive domestic expansion strategy to maximize the continued success of the growing company, including its family of brands: Equinox, Pure Yoga, Blink, and SoulCycle. She will report to Equinox CEO Harvey Spevak.

Throughout her career, Robb O’Hagan has been recognized as a leader in the sports and marketing industries. She began her career in the service industry with positions at Air New Zealand and Virgin Atlantic Airways, and moved to consumer products with roles at Atari Entertainment, Nike, and Gatorade.

"Sarah has successfully built and expanded several iconic brands over the course of her career. She has a strong track record of identifying and capitalizing on shifts in consumer behavior," said Spevak. "She is the best of all worlds: an award-winning marketing executive, a natural leader and developer of talent, and a successful manager. Sarah will work closely with me and our team to identify and capitalize on growth opportunities as we execute our vision and continue building our already highly successful global lifestyle brand. We are very excited to have her join our team."

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