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LOS ANGELES, April 30, 2013 (GLOBE NEWSWIRE) -- Sport Chalet, Inc. (Nasdaq:SPCHA) (Nasdaq:SPCHB), a leading operator of full-service, specialty sporting goods stores, today announced it has retained Financial Profiles, Inc. as its investor relations firm.
"We have a number of important strategic initiatives in place to drive shareholder value and the time is right to step up our investor relations efforts," said Craig Levra, Chairman and Chief Executive Officer of Sport Chalet. "We are pleased to collaborate with Financial Profiles to develop and implement a strategic investor relations program designed to build Sport Chalet's visibility within the investment community."
"Sport Chalet offers investors a unique opportunity to invest in one of the premium sporting goods retailers in the West, offering top sports brands and expert advice," said, Moira Conlon, President of Financial Profiles. "We are excited about our partnership with Sport Chalet and the opportunity to build new support for the stock by educating investors and analysts about the Company and its growth plans and strategy."
About Sport Chalet, Inc.
Sport Chalet, founded in 1959 by Norbert Olberz, is a leading, full service specialty retailer with 53 stores in Arizona, California, Nevada and Utah; Sport Chalet online at
www.sportchalet.com ; and a Team Sales Division. The Company offers over 50 specialty services for the sports enthusiast, including online same day delivery, climbing, backcountry skiing, ski mountaineering, avalanche education, and mountain trekking instruction, car rack installation, snowboard and ski rental and repair, Scuba training and certification, Scuba boat charters, team sales, gait analysis, baseball/softball glove steaming and lacing, racquet stringing, and bicycle tune-up and repair at its store locations.
About Financial Profiles, Inc.
Financial Profiles is an investor relations and corporate communications firm that helps public, private and pre-IPO companies address issues that affect corporate reputation and valuation. Financial Profiles partners with clients to communicate growth and value creation strategies and build investor and build support among key stakeholders including investors and analysts. The team offers a breadth of expertise in investor relations, as well as transaction, corporate and crisis communications. Clients include companies ranging from emerging growth Fortune 500.
Except for historical information contained herein, the statements in this release are forward- looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, among other things, the specific forward looking statements in this release and the risks associated with each, the negative effect of the economic downturn on the Company's sales, limitations on borrowing under the Company's bank credit facility, the Company's ability to control operating expenses and costs, the competitive environment of the sporting goods industry in general and in the Company's specific market areas, inflation, the challenge of maintaining its competitive position, the Company's ability to manage the growth of its Team Sales Division and online business, the Company's ability to regain or subsequently maintain compliance with the requirements for continued listing of its Class B Common Stock, changes in costs of goods and services, and the weather and economic conditions in general and in specific market areas. These and other risks are more fully described in the Company's filings with the Securities and Exchange Commission.