An unseasonably warm and dry winter put a crimp in Sport Chalet’s third-quarter results, as the firm reported Wednesday it’s comparable store sales decreased by 2%, leading to a net loss of $1 million. During the same quarter last year, the company showed a net loss of $900,000.
Craig Levra, chairman and chief executive, said in a statement that the drop in sales during the most recent quarter was a result of this year’s unusually warm winter weather, which led to limited snowfalls at the ski and snow resorts frequented by Sport Chalet’s customers.
“After three consecutive quarters of positive and sequential improvements in our comparable store sales, the unseasonably warm and dry winter weather we experienced in the third quarter impacted this,” he said. “We are working diligently to minimize the negative effects of the weather while capitalizing on the merchandise categories that respond well to warm and dry conditions.”