The Sportsman's Guide Issues Preliminary Guidance

Outdoor gear cataloger The Sportsman's Guide (NASDAQ:SGDE) expects to report total sales of approximately $44 million and earnings per share of $0.18 to $0.19 for its first quarter ended March 31. This would compare to first quarter 2002 results of $41.5 million in sales and earnings of $0.16 per share.

The company said results are due in large part to lower SG&A and higher levels of Internet-related sales, which will be approximately 34% of total sales for the quarter, compared to 27% in the first quarter of 2002. The South St. Paul, MN-based marketer plans to report its full quarterly results on April 29.