Did you hear?... Gaylan's reports dropping 4Q sales

With warm weather melting fourth quarter sales of traditionally strong cold-weather categories for Galyan's Trading Company (Nasdaq:GLYN), the company reported 4Q comparable store sales dropping 3.8 percent in 2001 versus an increase of 9.6 percent in 2000.
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With warm weather melting fourth quarter sales of traditionally strong cold-weather categories for Galyan's Trading Company (Nasdaq:GLYN), the company reported 4Q comparable store sales dropping 3.8 percent in 2001 versus an increase of 9.6 percent in 2000. Net sales for 4Q increased 17.3 percent to $174.8 million and increased 15.8 percent for the year to $482.5 million. Galyan's operates 26 stores in 14 states offering an assortment of outdoor and athletic equipment, apparel, footwear, accessories and casual apparel and footwear. Galyan's Chairman, Robert Mang pointed out that the strong categories for the companies in 4Q were in athletic and casual shoes, athletic apparel, team and family sports, golf and fitness.

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