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Sport Chalet

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NEWS
By Daniel Siegal daniel.siegal@latimes.com | November 10, 2011
Sport Chalet's financial results for the second quarter of fiscal 2012 have come in and things are looking up for the La Cañada Flintridge-based sports equipment retailer, as its net income increased by $1.1 million from this time last fiscal year. The company had a net loss of $0.5 million year ago, but after this quarter's increase net income is at $.06 million. In addition this was Sport Chalet's its second profitable quarter in the last three, and its tenth straight quarter of sequential profitability improvement.
NEWS
By Megan O'Neil | June 9, 2010
Sport Chalet made modest sales gains in the fourth quarter, stoked by a cold winter and enhanced customer marketing, the company reported. In the fourth quarter ending March 28, sales at the La Cañada Flintridge-based sporting goods chain increased 6.8% to $90.2 million, up from $84.5 million for the same quarter a year ago. The jump was driven by a same store sales increase of $4.7 million, or 5.7%, said Chief Operating Officer Craig Levra....
NEWS
May 24, 2013
One of two employees injured in an explosion at the La Cañada Flintridge Sport Chalet on March 1 is suing the company. Lauren Polzin, a 27-year-old who led the store's scuba department, was severely burned when she was asked to shut off a gas valve after someone reported smelling gas. The incident occurred in a utility closet near the store's pool. Polzin and her husband, Neil Polzin, filed the suit in Los Angeles Superior Court on Thursday. The couple is also suing, among others, the manufacturer of the pool and heating system, claiming it was dangerous.
COMMUNITY
July 24, 2012
Ten Years Ago The new corporate office building for Sport Chalet, Inc. was taking shape in the summer of 2002. About 100 employees were expected to move into the 27,000-square-foot building in the fall of the same year. Twenty Years Ago La Cañada Flintridge real estate executive Ray Dilbeck announced plans to construct his corporate and sales office at the southwest corner of Foothill Boulevard and Chevy Chase Drive. It was estimated that the new building would be ready for occupancy in the summer of 1993.
NEWS
By Joe Piasecki, The Valley Sun | October 28, 2010
A vote of confidence by the nation's largest bank has boosted stock prices and invigorated new retail strategies for La Cañada Flintridge-based Sport Chalet, a publicly traded company that employs more than 3,000 people and operates 55 retail locations in three states. The $65-million line of credit deal reached Oct. 21 with Bank of America provides increased borrowing flexibility for the company and lower interest rates that could save the retailer as much as $800,000 a year, according to company officials.
NEWS
By Tiffany Kelly, tiffany.kelly@latimes.com | February 6, 2013
Warm, dry weather and economic uncertainty led to a $1.9-million net loss in its third-quarter sales, La Cañada Flintridge-based Sport Chalet Inc. announced Wednesday. “While this was a tough holiday season for many retailers, our third-quarter results were well below our expectations,” Craig Levra, Sport Chalet's chairman and chief executive, stated in a news release. “Following a strong summer and fall, positive sales trends deteriorated significantly in November and for the first two weeks of December.” Although overall sales did increase slightly, to $97.6 million from the $97.2 million reported during the third quarter last year, comparable-store sales decreased by 0.7% for the same quarter, which ended Dec. 30. Online, the retailer performed better, increasing its sales by 32.6% over the same period last year.
NEWS
By Tiffany Kelly, tiffany.kelly@latimes.com | March 27, 2013
Friends, family and co-workers of the two Sport Chalet employees who were severely burned in an explosion at the La Cañada Flintridge store earlier this month donated 64 pints of blood on Tuesday. The blood-drive event, held inside Sport Chalet's corporate offices, honored Lauren Polzin, 27, and Victor Gonzalez, 25. The two employees were injured after they were reportedly asked to turn off a gas valve in a utility closet near the pool area of the store on March 1. The store sits in the Town Center, adjacent to the corporate headquarters.
NEWS
By Tiffany Kelly, tiffany.kelly@latimes.com | May 30, 2013
An economic upturn sent more customers to La Cañada Flintridge-based Sport Chalet Inc. stores in the past year, an official from the sporting goods chain announced last week. "Sales were higher across all of our channels," Craig Levra, Sport Chalet's chairman and chief executive, said during a teleconference on May 23, adding that the company closed the fiscal year "on a strong note. " Sales rose to $360.6 million in the fiscal year that ended on March 31, a 3.1% increase from 2012.
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NEWS
By Sara Cardine | February 6, 2014
Despite warm winter weather and severe drought conditions across several states, La Cañada Flintridge-based Sport Chalet announced a $1.5 million in net income during its third quarter on Monday, the most profitable the retailer's seen since 2007. The news marks a turnaround from the $1.9 million net loss the company reported in the same quarter last year. Leaders are hopeful the upswing will continue, despite the continuance of high temperatures into the fourth quarter. "Fortunately, or unfortunately, our team at Sport Chalet has encountered poor winter conditions before.
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NEWS
By Valley Sun Staff | December 27, 2013
La Cañada Flintridge had a difficult first quarter in 2013 as residents coped with two tragic events. But the city also experienced positive changes throughout the year, such as a surge in the number of businesses in the downtown area and a change of hands at the Plaza de La Cañada. New members were elected to both the City Council and La Cañada Unified School District Governing Board, and they will shape decisions in the year to come. We take a look back at some of the top La Cañada stories of the year: The close-knit community was rocked by two tragedies on the same day. At around 10 a.m. on Friday, March 1, a gas explosion near the pool at the Sport Chalet store seriously injured two employees . Lauren Polzin, 27, who led the store's scuba department and Victor Gonzalez, 25, a store supervisor, were hospitalized with severe burns.
COMMUNITY
December 18, 2013
The La Cañada Flintridge Trails Council has released a DVD recounting the history of the trails in the city that many residents enjoy on a daily basis. The release marks the Trails Council's upcoming 40th anniversary. The film is directed by John Newcombe. Copies of the DVD are available at Sport Chalet, Flintridge Bookstore, and the Descanso Gardens' gift shop. It runs for $19.95 and a portion of the proceeds benefit the Trails Council. Customers may also order the DVD online at www.rancholacanada.com . -- Tiffany Kelly, tiffany.kelly@latimes.com Follow on Google+ and on Twitter: @LATiffanyKelly . ALSO: Dining Out: Goodie Girls cupcakes are the surprise of the season Op-Ed: La Cañada zoning changes are built upon state law La Cañada History: YMCA received a big gift
NEWS
November 14, 2013
La Cañada Flintridge will host a community workshop on the city's film ordinance next week at Descanso Gardens. The workshop will be held in Van de Kamp Hall at 6:30 p.m. on Thursday, Nov. 21. The city is collecting feedback from residents before making revisions to the city's existing film ordinance, which was last updated in 1995. Residents in one neighborhood have said that they would like to see more restrictions on filming, while others have called for fewer restrictions.
NEWS
November 14, 2013
The La Cañada Junior Woman's Club is encouraging residents to shop local for their holiday gifts. The club is hosting a “shopping crawl” on Friday, Nov. 15. Shops along Foothill Boulevard will donate 20% of their sales to the club. The fundraiser will support the Ronald McDonald House and Haven House. Participating shops include The shops are located between the 1300 to 1400 block of Foothill.
NEWS
By Tiffany Kelly, tiffany.kelly@latimes.com | November 13, 2013
Low consumer confidence contributed to a drop in sales over the summer, La Cañada Flintridge-based Sport Chalet Inc. announced Monday. Sales decreased 5.2% in the quarter that ended on Sept. 29 to $86.7 million. Over the same period last year, the company brought in $91.5 million. While comparable store sales were down 2.5%, online sales increased by 32.4%. The company is operating on a net loss of $3 million. In a conference call, Sport Chalet CEO Craig Levra said he was disappointed at the results from the last quarter, but sales have improved since the fall season began.
NEWS
October 17, 2013
Erik Olberz, son of Sport Chalet founders Norbert and Irene Olberz, has stepped down from his 20-year seat on the La Cañada-based sporting good chain's board of directors, it was announced this week. “It's been a great pleasure serving on Sport Chalet's Board,” Olberz said in a news release. “My departure allows the Board to make room for a new director whose experience is more closely aligned with the company's strategic growth initiatives.” He added that he and his family believe that Sport Chalet's chief executive, Craig Levra, “and his team have made great strides in positioning the company for future growth and success.” Miki R. Berardelli, chief marketing officer for the women's clothing and accessories firm Tory Burch, has been elected to succeed Olberz on the board.
NEWS
September 10, 2013
La Cañada Flintridge Aug. 25 Shoplifting: 935 Foothill Blvd., 12:33 p.m. A woman was arrested for allegedly stealing a container of salt and a bag of cashews from Home Goods. Aug. 24 Attempted burglary: 200 block of Berkshire Avenue, between 7:30 and 9:30 a.m. Door lock broken on vehicle. Aug. 23 Shoplifting: 2 Sport Chalet Drive, 3:30 p.m. A 21-year-old La Cañada Flintridge man was arrested after allegedly stealing a shirt, tank top and khaki pants from Sport Chalet.
NEWS
By Sara Cardine | August 21, 2013
On Saturday afternoon, as customers inside La Cañada's Sport Chalet shopped for shoes, attire and sporting goods, a small group of women were breathing underwater for the very first time. They knelt at the bottom of the store's instruction pool, communicating silently with hand signals as enormous bubbles clamored upward and burst into the hot summer air. After a few laps around the bottom, the three students and instructor rose to the surface. PHOTOS: Scuba lessons for women at Sport Chalet   “That was so much fun,” said La Cañada resident Taylor Carbonetti, taking off her swim mask.
NEWS
August 21, 2013
Explorers at the Crescenta Valley Sheriff's Station earned top honors on Saturday at the 2013 X Games. The competition, hosted by the Boy Scouts' Learning for Life division, called on young Police Explorers to tackle challenges on burglaries, active shooters, suspicious packages and other public safety incidents. Crescenta Valley Explorers won first-place awards in the officer ambush, felony traffic stop and burglary now categories. The group has netted 18 trophies in three competitions this year.
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