Collegiate Pacific Posts Q2 Loss

Second-quarter revenue for Dallas-based sports equipment cataloger Collegiate Pacific soared 95%, to $46.4 million for the three months ended Dec. 31. Nonetheless, it incurred a net loss of $971,000, including a net loss of approximately $555,000 for its Sport Supply Group affiliate, of which it owns 73%.

“While the second fiscal quarter is the seasonal low point for our business,” chairman/CEO Michael Blumenfeld said in a statement, “we are pleased to report robust sales growth and gross margin performance consistent with our expectations.”

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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