Thanks in part to its acquisition of the Golf Warehouse, the Sportsman’s Guide Inc. reported net earnings of $2.5 million for the second quarter, up 102% over $1.2 million last year.
The cataloger and retailer reported net sales of $63.8 million for the quarter ended June 30, up from $39.6 million last year.
“We had a very strong second quarter due to a continuation of the strong, positive trends that have been affecting our business,” said Gregory R. Binkley, CEO of the South St. Paul MN firm in a statement. ” We saw strong net sales at both TGW and TSG. TSG’s nearly double digit sales growth was extremely positive and due to our continuing success in generating higher levels of Internet-related sales.”
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