The Sportsman's Guide, Inc. expects to report consolidated net sales of approximately $285 million and diluted earnings per share in the range of $1.37 to $1.38 for the year ended December 31, 2005, compared with total year 2004 results of $232.5 million in net sales and earnings of 95 cents per diluted share. The consensus average estimate for 2005 was for net sales of $285 million and for earnings of $1.36 per diluted share.

The 2004 diluted EPS numbers have been restated to reflect a change in accounting policy for Buyer's Club revenues and adjusted to reflect the 3-for-2 stock split, distributed in April 2005 .