The Sportsman’s Guide, Inc. reported that net sales and fully diluted earnings per share, before adjustments for equity-based stock compensation and acquisition-related expenses, for the quarter ended June 30, 2006, will be consistent with the company’s budget expectations and in-line with recent analyst estimates.
Net sales for the quarter ended June 30, 2006 are expected to be in range of $69 to $70 million, compared with net sales of $63.8 million for the same period one year ago. Fully diluted earnings per share, before adjustments for equity-based stock compensation and acquisition-related expenses, are anticipated to be in a range from 34 cents to 36 cents per share, compared to earnings per share of 31 cents for the same period one year ago. Equity-based stock compensation expense is expected to be 5 cents per fully diluted share, consistent with the first quarter, and acquisition-related expenses are anticipated to be 6 cents per fully diluted share in the quarter.
