Sportsman's Guide 3Q Earnings Up Nearly 51%

Internal growth and its June acquisition of golf marketer TGW led South St. Paul, MN-based The Sportsman's Guide (Nasdaq: SGDE) to record third-quarter results. Sales for the quarter increased 37%, to $56.6 million for the three months ended Sept. 30, compared with $41.2 million a year ago. Sales from the core business grew 8%. Net earnings were $1.1 million, compared with $710,000 last year.