Warm Winter Impacts Comps, Margins at Sport Chalet
The regional specialty chain reported a third quarter net loss of $1,038,000 against a loss of $861,000 for the period ended Jan. 1. Total revenues grew 1.5% to $97,223,000 from $95,828,000 despite a 2.0% decline in same store sales. Comp sales of non-winter merchandise grew 6.6%, but winter-related merchandise comp sales slid nearly 22%. ... Log in to view full article.
