Golf Galaxy Posts Q2 Growth
Eden Prairie, Minn., Golf Galaxy posted net income of $5.4 million in the second quarter ended Aug. 27, up from $3.5 million in the same quarter last year. Sales for the quarter increased 46.5% to $69.6 million, as comparable-store sales increased 7.4%.
The company, which completed its initial public offering during the quarter, opened 11 new stores in the first six months of the year, bringing its total to 45 stores in 19 states.