Collegiate Pacific Scores Big in Third Quarter
Third-quarter net sales for Dallas-based sports equipment merchant Collegiate Pacific (Nasdaq: BOO) soared 120%, to $59.4 million for the three months ended March 31. Net sales for the third quarter of fiscal 2005 had been $27.0 million. Income, meanwhile, increased 52%, from nearly $788,000 to $1.2 million.
Collegiate Pacific, which manufactures and supplies sports equipment primarily to the institutional and team dealer markets, distributes approximately 1.5 million catalogs annually.
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