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SPCHA > SEC Filings for SPCHA > Form 8-K on 24-Sep-2013All Recent SEC Filings

Show all filings for SPORT CHALET INC

Form 8-K for SPORT CHALET INC


24-Sep-2013

Regulation FD Disclosure, Financial Statements and Exhibits


Item 7.01 Regulation FD Disclosure.

On September 23, 2013, Sport Chalet, Inc. (the "Company") issued a press release announcing that it has launched a process to identify strategic partners to accelerate its growth strategy. The Company has engaged Cappello Capital Corp. ("Cappello") as its exclusive financial advisor to assist in exploring a range of options including strategic partners, investors, alliances and joint ventures.

A copy of the press release is attached as Exhibit 99.1 to this Report and is incorporated herein by this reference.

The information furnished in Item 7.01 of this Report, including the exhibit incorporated by reference, will not be treated as "filed" for the purposes of
Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section. This information will not be deemed incorporated by reference into a filing under the Securities Act of 1933, or into another filing under the Exchange Act, unless that filing expressly refers to specific information in this Report. The furnishing of the information in Item 7.01 is not intended to, and does not constitute a representation that such furnishing is required by Regulation FD or that the information this Report contains is material investor information that is not otherwise publicly available.

Cautionary Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this Report and in the exhibits attached hererto are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including any statement concerning the Company's prospects, ability to raise additional financing or ability to identify or implement opportunities to improve its results of operations. 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 Report and the risks associated with each, the uncertainty concerning our ability to return to profitability, the uncertainty that additional financing will be available on terms acceptable to us or at all, the fact that we may be unable to effectively execute our strategy to differentiate ourselves from our competitors, 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.




Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

    Exhibit Number                       Description of Exhibit
         99.1          Press release dated September 23, 2013, entitled: "Sport
                       Chalet Engages Cappello Capital Corp. as Exclusive
                       Financial Advisor."


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