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THE SPORTSMAN'S GUIDE REPORTS RESULTS

 THE SPORTSMAN'S GUIDE REPORTS RESULTS
 EAGAN, Minn., Aug. 12 /PRNewswire/ -- The Sportsman's Guide, Inc. is


a retail mail order catalog company featuring merchandise for the hunter, fisherman and outdoorsman. The company's fall/winter catalog has been distributed throughout the United States and Canada since 1977.
 On June 1, the company moved its operations from Golden Valley, Minn., to a larger facility in Eagan.
 THE SPORTSMAN'S GUIDE, INC.
 STATEMENT OF OPERATIONS (Unaudited)
 Three Months Ended Six Months Ended
 6/26/92 6/28/91 6/26/92 6/28/91
 Sales $3,049,840 $3,255,846 $7,913,378 $7,762,971
 Cost of sales 2,073,313 2,278,104 5,387,991 5,471,845
 Gross profit 976,527 977,742 2,525,387 2,291,126
 Selling, general
 and administrative
 expenses 1,199,399 1,317,936 2,869,588 2,595,097
 Loss from operations (222,872) (340,194) (344,201) (303,971)
 Interest expense (35,665) (24,833) (59,039) (46,980)
 Miscellaneous income 5,833 7,332 22,476 32,555
 Net loss $(252,704) $(357,695) $(380,764) $(318,396)
 Net loss per share $(.01) $(.02) $(.02) $(.01)
 Weighted average number
 of shares
 outstanding 23,333,333 23,333,333 23,333,333 23,333,333
 -0-
 /CONTACT: Leonard Paletz of The Sportsman's Guide, 612-686-9000/ CO: The Sportsman's Guide, Inc. ST: Minnesota IN: REA LEI SU: ERN


DS -- MN001 -- 9280 08/12/92 09:35 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Aug 12, 1992
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