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FIRST TEAM SPORTS REPORTS PRELIMINARY RECORD THIRD QUARTER SALES

 FIRST TEAM SPORTS REPORTS PRELIMINARY RECORD THIRD QUARTER SALES
 MOUNDS VIEW, Minn., Dec. 10 /PRNewswire/ -- First Team Sports, Inc. (NASDAQ: FTSP), makers of Ultra-Wheels (TM) in-line skates and accessories, announced preliminary record sales results for its third quarter ended Nov. 30, 1991. Estimated sales of $7,320,000 were a record for any quarter and compare to third quarter sales in fiscal 1991 of $4,050,000. Estimated net earnings of $575,000, or $.15 per share, for the third quarter fiscal 1992, compare with fiscal 1991 third quarter net profits of $389,000, or $.12 per share. Nine month estimated sales for fiscal 1992 total $21,534,000 as compared to $11,044,000 in fiscal 1991. The company estimates its after tax profits will be $1,765,000 for the first nine months of fiscal 1992 as compared to $1,390,000 for the same period in fiscal 1991.
 David Soderquist, president of First Team Sports said, "We are very pleased with our continuing increase in sales and earnings in view of the current difficult retail environment. Sales of Ultra-Wheels and Skate Attack (TM) skates and accessories continue to be very strong Christmas items."
 First Team Sports, Inc. manufactures and distributes high quality in-line roller skates under the trademarks Ultra-Wheels and Skate Attack and related accessories. The company's products are manufactured and assembled to its specifications in the United States and foreign countries.
 -0- 12/10/91
 /CONTACT: Bob Lenius, vice president of First Team Sports, 612-780-4454/
 (FTSP) CO: First Team Sports ST: Minnesota IN: SU: ERN


AL -- MN006 -- 0956 12/10/91 10:58 EST
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Publication:PR Newswire
Date:Dec 10, 1991
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