Despite posting a 4% net income gain in Q3, SportSupply is preparing for a tough remainder of 2009 as institutional and teambudgets wait to see their budgets “catch up” with an improving economy. To thatend, RBI management called the institutional sporting goods market more of alaggard than a leader and said the company would be “unsurprised” to see flatto -6% sales for the remainder of CY09. The company doesn’t expect to see anypositive U.S. economic trends to impact its sporting goods businesses until2010.

Net income was $3,510,000 versus $3,376,000 for theperiod ended Mar. 31 despite a 3% decline in overall sales ... Log in to view full article.