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Golf apparel retail Golfsmith reaffirms earnings outlook

29
May '08
Golfsmith International Holdings Inc announced that the Company will be presenting at the 28th Annual Piper Jaffray Consumer Conference to be held at the St. Regis Hotel in New York on Wednesday, June 11, 2008 at 3:00 pm Eastern Time.

Martin Hanaka, Chairman and Interim Chief Executive Officer, and Virginia Bunte, Chief Financial Officer, will host the presentation.

The audio portion of the presentation will be webcast live. To access the presentation, log onto. The webcast can be found in the investor relations section of the company's website.

Reaffirms Outlook:
For Fiscal 2008, Golfsmith continues to expect overall sales growth to be slightly positive with slightly negative comparable store sales and a decrease in direct sales.

Earnings growth will be driven by reduced operating expenses and marketing costs as well as lower pre-opening costs.

Based on sales for the quarter to date, Golfsmith continues to expect second quarter earnings to show meaningful improvement as compared to the same period last year.

Golfsmith International Holdings Inc


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