Golf Galaxy Announces Five New Stores Opening in April
05 Abril 2006 - 12:00PM
PR Newswire (US)
Stores are among 11 first quarter openings; bring total Golf Galaxy
store count to 59 EDEN PRAIRIE, Minn., April 5
/PRNewswire-FirstCall/ -- Golf Galaxy, Inc. (NASDAQ:GGXY), the
interactive golf superstore offering Everything for the Game(R),
today announced plans to open five new stores in April. Two of the
new stores will open this coming weekend, including one store each
in Oklahoma City, Okla., and Syracuse, N.Y. The three remaining
stores will open later in the month in Las Vegas; Memphis, Tenn.;
and Woodbridge, N.J. The new stores are among a total of 11 the
specialty retailer plans to open in its first quarter. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050728/CGTH081LOGO ) "We are
pleased to open five new stores in April as a part of our planned
14 to 16 new stores this fiscal year," said Randy Zanatta,
president and CEO of Golf Galaxy. "We look forward to continuing to
bring Golf Galaxy's unique interactive store concept to so many new
markets and to continuing our expansion into the greater New York
metropolitan area." The five new Golf Galaxy stores opening in
April will be located at 8621 W. Charleston Blvd. in Las Vegas;
2362 N. Germantown Pkwy. in Memphis; 13830 N. Pennsylvania Ave. in
Oklahoma City; 2409 Erie Blvd. in Syracuse; and 893 St. George
Ave., Woodbridge. About Golf Galaxy Golf Galaxy, Inc., based in
Eden Prairie, Minn., owns and operates golf specialty retail
stores. The company currently operates 54 stores in 23 states and
an ecommerce website. The company's Everything for the Game(R)
merchandising strategy offers a comprehensive selection of
competitively priced brand name golf equipment, accessories,
apparel, golf services, and golf instruction by on-staff certified
PGA professionals in a unique interactive store environment. The
GolfWorks, the golf industry's most complete source for golf club
components, clubmaking tools and supplies, and technical
information, is a wholly owned subsidiary of Golf Galaxy that sells
direct to consumers via a catalog and the Internet at
http://www.golfworks.com/ . For more information, visit
http://www.golfgalaxy.com/ . Cautionary Statement This news release
contains forward-looking statements about Golf Galaxy and readers
should not place undue reliance on any forward-looking statements
that are current only as of the date made. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from historical
results or those expressed in forward- looking statements. The
factors listed below, among others, could cause the company's
actual financial performance to differ materially from that
expressed in any forward-looking statement: A decline in the
popularity of golf or golf-related products and services;
limitations imposed by suppliers on the amount or variety of
products; failure by suppliers to develop and introduce new
products or if new products result in excessive close-outs of
existing inventories; seasonal fluctuation in demand for products;
weather conditions; ability to successfully implement growth plan;
competition in the golf and sporting goods industry; a decline in
discretionary spending; availability of adequate capital to fund
growth; and loss of key management. Additional information
concerning these and other factors that could cause actual results
to differ materially from those in the forward-looking statements
is included in the company's prospectus in its Form S-1
Registration Statement on file with the Securities and Exchange
Commission. The foregoing list should not be construed as
exhaustive and Golf Galaxy disclaims any obligation subsequently to
revise or update any previously made forward-looking statements,
whether as a result of new information, future events or otherwise.
Contact: Patty Gibbs, Patty Gibbs & Company, 651-653-7302, Mick
McCormick, Golf Galaxy, 952-918-3304,
http://www.newscom.com/cgi-bin/prnh/20050728/CGTH081LOGO
http://photoarchive.ap.org/ DATASOURCE: Golf Galaxy, Inc. CONTACT:
Patty Gibbs of Patty Gibbs & Company, +1-651-653-7302, or ; or
Mick McCormick of Golf Galaxy, +1-952-918-3304, or Web site:
http://www.golfgalaxy.com/ http://www.golfworks.com/
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