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Sport Chalet Inc

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CALIFORNIA | LOCAL
July 20, 1999
Sport Chalet Inc., Los Angeles, has opened a 43,000-square-foot specialty sporting goods store in Porter Ranch. The Porter Ranch location will be the second for Sport Chalet in the San Fernando Valley area. There is an existing store in West Hills.
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BUSINESS
March 17, 2014 | Stuart Pfeifer
If you're an outdoors enthusiast or weekend warrior, chances are you're a fan of Sport Chalet Inc. If you're an investor, well, that's another story. Living up to its moniker, "the Experts," Sport Chalet staffs its stores with marathon runners, professional triathletes, experienced divers, snowboarders and skiers. The goal is to present athletes with a top-notch shopping experience they won't get in big-box or discount retailers -- or on Amazon.com, which has been swallowing up business from brick-and-mortar retailers for years.
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BUSINESS
October 27, 1998
Los Angeles-based Sport Chalet Inc. reported fiscal second-quarter net income of $949,000, or 14 cents per share, on sales of $36.2 million, compared with $456,000, or 7 cents, on sales of $32.9 million a year ago.
BUSINESS
March 16, 2014
The company: Sport Chalet Inc. Headquarters: La Cañada Flintridge Ticker: SPCHA and SPCHB Employees: 3,000 Leadership: Craig Levra, chairman and chief executive Fiscal 2013 revenue: $361 million Fiscal 2013 net loss: $3.3 million Stock price: As of Friday, $1.24 for Class A and $1.21 for Class B 52-week range: 68 cents to $2.44 for Class A; $1.06 to $2.24 for Class B Dividend: ...
BUSINESS
June 3, 1998 | STEPHEN GREGORY, SPECIAL TO THE TIMES
Capping years of efforts to turn itself around, La Canada-based Sport Chalet Inc. said Tuesday that it logged record profit in its latest fiscal year. With longtime employees gathered outside the company's flagship store at the foot of Angeles Crest Highway, officials announced that the sporting goods chain recorded $143 million in sales and $3.2 million, or 49 cents a share, in net income, for the 12 months ended March 31. The results are company milestones.
BUSINESS
March 17, 2014 | Stuart Pfeifer
If you're an outdoors enthusiast or weekend warrior, chances are you're a fan of Sport Chalet Inc. If you're an investor, well, that's another story. Living up to its moniker, "the Experts," Sport Chalet staffs its stores with marathon runners, professional triathletes, experienced divers, snowboarders and skiers. The goal is to present athletes with a top-notch shopping experience they won't get in big-box or discount retailers -- or on Amazon.com, which has been swallowing up business from brick-and-mortar retailers for years.
BUSINESS
April 10, 1995 | TOM PETRUNO
Some companies shouldn't have public shareholders. Sport Chalet Inc. is probably one of them. Almost from the day the company made its initial public stock offering on Nov. 19, 1992 at $9.25 each, the price of the shares has been falling. At $3.125 today, the stock has lost two-thirds of its value. Worse, the investors who bought the 1.6 million shares that Sport Chalet offered generally weren't big institutions for whom a two-thirds loss on a single stock is a minor annoyance.
BUSINESS
October 18, 1994 | Greg Johnson, Times staff writer
Sport Chalet to Add Irvine Store: Sport Chalet Inc. will add a new store in Irvine in the fall of 1995. The company also said it would relocate its La Mesa store to El Cajon. The Irvine store will have 35,000 square feet of retail space. Sport Chalet's other Orange County store is in Huntington Beach.
BUSINESS
March 16, 2014
The company: Sport Chalet Inc. Headquarters: La Cañada Flintridge Ticker: SPCHA and SPCHB Employees: 3,000 Leadership: Craig Levra, chairman and chief executive Fiscal 2013 revenue: $361 million Fiscal 2013 net loss: $3.3 million Stock price: As of Friday, $1.24 for Class A and $1.21 for Class B 52-week range: 68 cents to $2.44 for Class A; $1.06 to $2.24 for Class B Dividend: ...
BUSINESS
February 3, 1998
South San Francisco-based Galoob Toys Inc. said it had a fourth-quarter loss on slow sales of its mainstay "Star Wars" Micro Machines toys. Galoob had a loss of $2.87 million, or 16 cents a diluted share, compared with net income of $12.9 million, or 74 cents, a year ago. * Pasadena-based Ameron International reported record fourth-quarter net income of $1.6 million, or $1.48 per share, compared with $4.6 million, or $1.16, in the year-earlier quarter. * Los Angeles-based Sport Chalet Inc.
BUSINESS
February 7, 2007
Sport Chalet Inc. of La Canada Flintridge said fiscal third-quarter net income increased 31% to $4 million, or 28 cents a share, compared with $3 million, or 22 cents, a year earlier. Sales increased 15% to $114.7 million.
BUSINESS
July 30, 2003 | From a Times Staff Writer
Sport Chalet Inc., the La Canada-based sporting-goods retailer, said an unseasonably cold spring and higher advertising and labor costs in its fiscal first quarter contributed to its first quarterly loss in nearly seven years. The firm lost $593,000, or 1 cent a share, compared with a profit of $84,000, or 1 cent, in the same period a year ago. Sales in the quarter ended June 30 rose 4.1% to $53.3 million, thanks to the opening of two new stores.
BUSINESS
May 20, 2003
* La Canada Flintridge-based Sport Chalet Inc. said fourth-quarter net income decreased to $4.2 million, or 60 cents a share, from $4.8 million, or 69 cents, in the period a year earlier. Sales increased 1.6% to $57.3 million in the quarter ended March 31.
BUSINESS
March 12, 2002 | Times Staff Writer
Sport Chalet Inc. said earnings will miss analyst expectations for its fiscal fourth quarter, primarily because unseasonably warm and dry weather has dampened demand for snowboards, skis and other winter goods at its stores. Total sales during January and February were down 1.1% from the year-ago period, and sales at stores open at least a year plunged 8.8%, it said. Excluding winter goods, same-store sales were up 4.1% in the two-month period.
BUSINESS
January 31, 2001 | From Bloomberg News
Other California company earnings, excluding one-time gains and charges unless noted: * Electronics retailer Good Guys Inc., based in San Francisco, reported net income of $5.8 million, or 25 cents a share, for the period ended Dec. 31. That compared with $5.6 million, or 22 cents, a year ago. Revenue rose 9% to $282.2 million.
BUSINESS
September 9, 2000 | E. Scott Reckard
A company that hopes to build a giant indoor snowboarding and wave-pool park beside Anaheim's Edison International Field said Friday it has signed a lease with its first major tenant, Sport Chalet Inc., which will operate a sporting-goods store at the complex. Glacier of Anaheim LLC of San Juan Capistrano, the developer of the Gotcha Glacier complex, had been in lengthy talks with La Canada Flintridge-based Sport Chalet.
BUSINESS
July 12, 2000 | GREG HERNANDEZ, TIMES STAFF WRITER
Lower-level managers at the Sport Chalet Inc. sporting goods chain are suing the company on claims that they are wrongly classified as managers and that they are owed overtime pay for constant, long hours at work. The lawsuit is the second one filed recently in Orange County Superior Court accusing a sporting goods chain of refusing to pay overtime to workers classified as managers but who claim they perform few, if any, managerial tasks.
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