Golf Galaxy, Inc. provided its fiscal 2007 outlook, which includes the impact of its recent acquisition of The GolfWorks. Golf Galaxy said that for its fiscal year ending March 3, 2007, 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, pending the final purchase price allocation of The GolfWorks acquisition. Assuming 11.6 million weighted average shares outstanding, diluted earnings per share are expected to be 65 cents to 70 cents.
