Outdoor financials: Cold-weather boosts Forzani’s holiday sales

Forzani Group (FGL.TO), Canada's largest sporting goods retailer, said total retail system sales for the 10-week period ended Jan. 9 were up 6.5 percent as the cold weather boosted Christmas sales.
Author:
Publish date:

Cold-weather boosts Forzani holiday sales

Forzani Group (FGL.TO), Canada's largest sporting goods retailer, said total retail system sales for the 10-week period ended Jan. 9 were up 6.5 percent as the cold weather boosted Christmas sales.

It said retail system sales -- retail sales from corporate and franchise stores -- rose 7 percent for the holiday season on a same-store basis.

Corporate same-store sales were up 9.4 percent, while franchise retail same-store sales grew 2.7 percent.

Forzani operates more than 550 retail outlets under banners such as Sport Chek, National Sport, Sport Mart and others.

--Compiled by Wendy Geister

For more information about any public company on this page or its financial reports, as well as to view stock prices updated every 15 minutes, visit the SNEWS® Stock Market Updates. Click on: www.snewsnet.com/cgi-bin/snews/stock_report.html.

Related