Sponsors
Billabong ▼ 0.000 | PPR ▲ +0.25 | American Apparel ▲ +0.020 | The Buckle ▲ +0.18 | Columbia ▼ -1.51 | Deckers Outdoor ▼ -0.87 | Dicks ▼ -0.18 | Foot Locker ▼ -0.40 | Genesco ▲ +0.08 | Iconix Brand Group ▼ -0.11 | Jarden Corp ▼ -0.24 | Nordstrom ▼ -0.28 | Luxottica ▼ -0.68 | Nike ▼ -0.38 | Pacific Sunwear ▼ 0.00 | Skullcandy ▲ +0.15 | Sport Chalet - 0 | Urban Outfitters ▼ -0.50 | VF Corp ▼ -0.14 | Quiksilver ▲ +0.01 | Zumiez ▼ -0.05 | Macys ▼ -0.75 | Tillys ▼ -0.02 |
Ticker Sponsor
Readers Say
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight

New business info and advice from QCS GRAPHICS, PROCOPIO, SHACC and FSG LAWYERS.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Sport Chalet shows signs of improvement

By Tiffany Montgomery
November 09, 2011 1:23 PM

Industry customer Sport Chalet continues to show signs of improvement and posted a profit for its second quarter ended Oct. 2.

 

The retailer said this afternoon that same store sales increased 3.1% in the quarter, while total sales declined 0.9% to $88 million. Sport Chalet said the net sales decline was due to a calendar shift.

 

Online sales rose 18%.

 

Net income reached $0.6 million compared with a loss of $0.5 million in the same period last year.

 

Gross margin improved to 29.2% vs. 28.2% due to a decrease in markdowns.

 

The company said it had used $43.6 million of its $59.9 million credit facility, leaving Sport Chalet with $16.3 million in availability.

 

Sport Chalet operates 54 stores.

 

 

 


Articles You Might Have Missed