|
|
Article: Sport Supply Group Announces Operating Results for the Third Quarter Ended December 2001.
- Article from:
- Business Wire
- Article date:
- February 15, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
DALLAS--(BUSINESS WIRE)--Feb. 15, 2002
Sport Supply Group, Inc. (OTCBB:SSPY) today announced the results for the quarter ended December 2001.
Quarter Ended December 2001. Net sales for the December quarter were $17.0 million as compared to $18.2 million for the same period last year. Gross profit percentage for the quarter increased 1.4% to 28.4%, from 27.0% for same quarter last year. SG&A expenses were $7.8 million and unchanged from the same period a year ago. Interest expense for the quarter was reduced from $.5 million to $.2 million. Operating loss for the quarter ended December was $3.1 million compared to an operating ...