The Sportsman's Guide, Inc. reported that net sales and diluted earnings per share for the third quarter will be higher than earlier estimates and well above last year's results. Net sales for the quarter ended September 30, 2005 are now expected to be in the range of $61 million to $62 million, compared with net sales of $57.0 million last year and current estimates of $61 million. Fully diluted earnings per share are now expected to be from 23 cents to 25 cents per share, compared to earnings 17 cents per share for last year's third quarter and current average estimates of 21 cents per share.
Gregory R. Binkley, president and CEO of the company, stated, “Our expected record third quarter results are due to increasing Internet-related sales and the strong performance and significant contribution from our golf business at TGW.”
