Sport Supply Group Declares Quarterly Cash Dividend and Moves to NASDAQ
March 28 2008 - 9:30AM
Business Wire
Sport Supply Group, Inc. (NASDAQ: RBI) announced today that its
Board of Directors approved and declared a quarterly cash dividend
of $0.025 per share on the Company's common stock for the third
quarter of fiscal 2008, which ends March 31, 2008. The quarterly
cash dividend is payable on April 30, 2008, to all stockholders of
record on the close of business on April 11, 2008. The Company also
stated that it would commence trading on the NASDAQ today under its
existing ticker symbol: �RBI.� Sport Supply Group Inc. is the
nation's leading marketer, manufacturer and distributor of sporting
goods and branded team uniforms to the institutional and team
sports market. The Company markets via 3 million direct catalogs, a
40 man telesales team, 160 direct sales professionals and a family
of company-controlled websites. This press release contains
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements include statements relating to Sport Supply Group's
anticipated financial performance, business prospects, new
developments and similar matters, and/or statements preceded by,
followed by or that include the words "believes," "could,"
"expects," "anticipates," "estimates," "intends," "plans," or
similar expressions. These forward-looking statements are based on
management's current expectations and assumptions, which are
inherently subject to uncertainties, risks and changes in
circumstances that are difficult to predict. Actual results may
differ materially from those suggested by the forward-looking
statements due to a variety of factors, including changes in
business, political, and economic conditions due to the threat of
future terrorist activity or otherwise, actions and initiatives by
current and potential competitors, and certain other additional
factors described in Sport Supply Group's filings with the
Securities and Exchange Commission. Other unknown or unpredictable
factors also could have material adverse effects on Sport Supply
Group's future results, performance or achievements. In light of
these risks, uncertainties, assumptions and factors, the
forward-looking events discussed in this press release may not
occur. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date stated,
or if no date is stated, as of the date of this press release.
Sport Supply Group is not under any obligation and does not intend
to make publicly available any update or other revisions to any of
the forward-looking statements contained in this press release to
reflect circumstances existing after the date of this press release
or to reflect the occurrence of future events even if experience or
future events make it clear that any expected results expressed or
implied by those forward-looking statements will not be realized.
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