Sponsors
Billabong ▲ +0.007 | PPR ▼ 0.00 | American Apparel ▲ +0.010 | The Buckle ▼ -2.07 | Columbia ▼ -0.19 | Deckers Outdoor ▲ +0.05 | Dicks ▲ +0.36 | Foot Locker ▼ -0.35 | Genesco ▼ -0.25 | Iconix Brand Group ▼ -0.12 | Jarden Corp ▼ -0.43 | Nordstrom ▲ +1.46 | Luxottica ▲ +1.28 | Nike ▲ +0.69 | Pacific Sunwear ▼ -0.01 | Skullcandy ▲ +0.30 | Sport Chalet - 0 | Urban Outfitters ▲ +0.03 | VF Corp ▼ -0.27 | Quiksilver ▼ -0.11 | Zumiez ▲ +0.02 | Macys ▲ +0.23 | Tillys ▼ -0.19 |
Ticker Sponsor
Readers Say
In touch with our business
In touch with our business

If you're not plugged into Shop-Eat-Surf.com daily, you're out of touch with our business!

- By Peter "PT" Townend, The ActivEmpire
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
Industry Insight

MOSS ADAMS: Advice to help your company identify opportunities for growth.
SIA: More on 2014 snow rep and retailer of the year awards + video recap.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Sport Chalet reports profitable quarter

By Tiffany Montgomery
June 03, 2011 12:00 AM

 

Industry customer Sport Chalet reported some goods news after having recorded its first profitable quarter in 13 quarters.

 

Here is a summary of Q4 and full year results for the period ended April 3.

 

Q4 

Craig LevraSports Chalet CEO Craig Levra

Net sales: up 8.8% to $98.2 million, largely due to the extra week in the fiscal year.

 

Same store sales: up 1.3%

 

Gross margin: 29% vs. 27.7% compared to the same period last year.

 

SGA as percentage of sales: 25.4% vs. 24.3%. Part of increase due to increased labor costs, which is helping to drive sales on the floor, the company said.

 

Net income: rose to $0.3 million vs. loss of $0.3 million the same period last year.

 

Full year 

Sales: up 2.5% to $362.5 million. Online sales grew 110%

 

Same store sales: down 0.4%

 

Gross margin: 28.2% vs. 26.8%

 

SG&A as a percentage of sales: 25.6% vs. 24.3%

 

Net loss: $3 million vs. $8.3 million

 

Sport Chalet operates 55 stores in California, Nevada, Arizona and Utah.

 

 

 

 


Articles You Might Have Missed