SGDE - Internet hype, Sound investment, or Both? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : SGDE - Internet hype, Sound investment, or Both?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gutterball who wrote (20)	1/4/1999 11:38:00 AM
From: Gutterball	Read Replies (1) of 75

12/22 News excerpts from Bloomberg... Company officials stated that they anticipate reporting net earnings for the quarter in a range of approximately $600,000 to $800,000 on sales expected to range from $51.0 million to $52.0 million. The Company reported $2.1 million in net earnings on sales of $50.5 million for the same period in 1997. For the twelve months ended January 3, 1999 the Company anticipates net earnings in the range of $1.5 million to $1.7 million on sales expected to be within a range of $141.5 million to $142.5 million, compared to net earnings of $2.5 million on sales of $128.1 million for fiscal 1997. Gary Olen, the Company's Chairman and Chief Executive Officer, stated, "Despite the near term shortfall due to the weather, we remain extremely excited about the future business opportunities of The Sportsman's Guide. Our customer lists and buyer's club memberships continue to build, our percentage of sales from our Internet web site, sportsmansguide.com, continues to increase and we expect to make a series of announcements over the coming weeks as to the expansion and extension of our Internet presence."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next