Independent Newspapers
Outdoor Warehouse part of Holdsport.
Holdsport (HSP), which runs the Sportsmans Warehouse and Outdoor Warehouse stores, said on Monday that total sales for the five months ended January 31, 2012 increased by 11.5% compared to the corresponding period last year.
Retail sales increased by 10.8% with sales for comparable stores increasing by 8.6% over the period, it said.
Sportsmans Warehouse increased sales by 12.3% (10.8% comparable); Outdoor Warehouse sales increased by 6.6% (2.7% comparable), and the group's wholesale division recorded sales growth of 42.8%.
Holdsport said retail trading space increased by 2.9% relative to the prior corresponding period, and merchandise inflation for the period averaged 1.4%.
The group is expected to release its results for the year ended February 28, 2012 on or about May 21. - I-Net Bridge
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