The Sportsman's Guide Issues Preliminary Guidance Apr 21, 2003 12:00 PM
, Catalog Age Staff
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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.