New ETF Book by Larry Connors - Click here to read more
For the first quarter of fiscal 2010, net sales decreased 8.9% to $79.4 million from $87.1 million for the first quarter of fiscal 2009. Gross profit was $20.99 million, compared to $22.71 million in the first quarter of fiscal 2009.
Craig Levra, chairman and CEO of Sport Chalet, said: "We continue to closely manage our business as we navigate this challenging economic climate. We are pleased with the progress we have made to date with the initiatives implemented in the last year which were outlined in our press release dated June 29, 2009."
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