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SPORTSMAN'S GUIDE REPORTS RESULTS

 EAGAN, Minn., March 12 /PRNewswire/ -- The Sportsman's Guide, Inc. reported record sales and earnings for 1992, and expects further substantial sales and earnings for 1993.
 Net sales for the 12 months ended Jan. 1, 1993 were $43,143,248, up 66 percent from 1991.
 Net earnings increased 141 percent to $510,800 for the 12 months ended Jan. 1, 1993 compared to $212,157 in 1991.
 The first part of 1993 is already promising to continue future growth. Sales from the company's first catalog of 1993 is more than double what it was in 1992.
 To accommodate this growth, the company is expanding its distribution and operations into a larger facility of 145,000 square feet located in South St. Paul, Minn. The company has also strengthened its management team by promoting Joe Friebe to the new position of vice president of marketing, operations and finance, and the hiring of Eric Reishus as director of operations.
 The Sportsman's Guide, Inc. is a retail mail order catalog company featuring merchandise for the hunter, fisherman and outdoorsman.
 THE SPORTSMAN'S GUIDE, INC.
 STATEMENT OF EARNINGS
 Three Months Ended 12 Months Ended
 1/1/93 12/27/91 1/1/93 12/27/91
 Sales $21,856,013 $12,517,021 $43,143,248 $25,944,578
 Percent change 74.61 -- 66.29 --
 Earnings from
 operations $1,030,712 $739,155 $565,789 $303,636
 Percent change 39.44 -- 86.34 --
 Net earnings $1,042,657 $711,225 $510,800 $212,157
 Percent change 46.60 -- 140.77 --
 Net earnings per share $.04 $.03 $.02 $.01
 -0- 3/12/93
 /CONTACT: Leonard Paletz of The Sportsman's Guide, 612-686-9000/


CO: The Sportsman's Guide, Inc. ST: Minnesota IN: REA SU: ERN

KH -- MN010 -- 5524 03/12/93 13:04 EST
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Publication:PR Newswire
Date:Mar 12, 1993
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