Golf Galaxy to report Q4 & fiscal 2006 financial results on 18th April
29 Mar '06
1 min read
Golf Galaxy Inc, a leading golf specialty retailer, has provided its fiscal 2007 outlook, which includes the impact of its recent acquisition of The GolfWorks.
Golf Galaxy stated that for its fiscal year ending March 3rd 2007, a 53-week period:
-- Net sales are currently expected to be $305 million to $315 million;
-- Comparable store sales are currently expected to increase 6 percent to 8 percent over the prior year; and
-- Net income is currently expected to be $7.5 million to $8.1 million
The company plans to report its fourth quarter and fiscal 2006 financial results on April 18th 2006, and will provide additional commentary about its fiscal 2007 outlook at that time.
Golf Galaxy Inc, based in Eden Prairie, Minn., owns and operates golf specialty retail stores. It currently operates 54 stores in 23 states and an ecommerce website.
The company's Everything for the Game merchandising strategy offers a comprehensive selection of competitively priced brand name golf equipment, accessories, apparel, golf services, and golf instruction by on-staff certified PGA professionals in a unique interactive store environment.