Q3 revenues up 13% at Golfsmith

08/11/2007

Golf and tennis equipment, apparel and accessories retailer Golfsmith International Holdings, Inc. has posted higher revenues for its third quarter ended September 29.

Revenues increased 13.4% to $106.5 million for the quarter compared with $94 million for the third quarter of 2006. Net income increased 17.8% to $4 million from $3.4 million in the three months ended September 30, 2006.

Revenues for the nine-month period ended September 29 increased 9.3% to $309.2 million compared with $282.9 million for the prior-year period. Income was $5.9 million compared with a net loss of $5.4 million.