Sport Chalet Back in Black

Sport Chalet Inc. reported net income of $1.7 million or $0.12 per share for its fiscal second quarter ended Oct. 1 compared to a net loss of $5.2 million in the comparable period a year ago. The company changed its fiscal period at the beginning of the current fiscal year so that each quarter ends on a Sunday. Sales at the La Canada-based retailer increased 11.7 percent to $91.3 million in the quarter, versus $81.7 million in the year-ago quarter. “While we did not achieve the level of sales we had anticipated, we made great progress on our long-term growth initiatives in the second quarter,” said Craig Levra, chairman and CEO. The company reported that same store sales increased 3 percent.