Saucony now expects net sales for the fourth quarter of 2003 to be approximately $31 million and earnings per share to be in the range of 14 cents to 17 cents. The company also sees earnings per share for the 2003 fiscal year to be in the $1.25 to $1.28 range. These results are preliminary and subject to year-end audit.

On October 28, 2003, Saucony announced net sales guidance of approximately $30 million and earnings per share guidance in the range of 8 cents to 10 cents for the fourth quarter of fiscal 2003 and earnings per share guidance in the range of $1.19 to $1.21 for the 2003 fiscal year.