For fiscal 2007, the company expects net sales growth of approximately 10 percent and diluted earnings growth of 20-30 percent from a 2006 pro forma base of $0.81 per share. For the first quarter of 2007, the Company estimates that net sales will be in the $185-195 million range, with expected earnings of $0.18 to $0.21 per diluted share.
In addition, the Company announced that its Board of Directors declared a regular quarterly dividend of $0.10 per common share, payable March 9, 2007, to stockholders of record as of February 20, 2007.
The conference call is scheduled for 5:00 p.m. EST (2:00 p.m. PST), February 7, 2007. It will be broadcast live over the Internet and will be archived online within one hour after completion of the call. In addition, listeners may call 800-834-5691 in North America and 212-676-5285 from outside North America.
Participants will include: Gregg Hammann, Chairman and Chief Executive Officer; Bill Meadowcroft, Chief Financial Officer; Tim Hawkins, President of Fitness Equipment; Juergen Eckmann, President of Apparel; and Mark Meussner, Sr. VP of Global Manufacturing, Quality and Engineering.
A telephonic playback will be available from 4:00 p.m. PST, February 7, through 4:00 p.m. PST, February 21, 2007. North American callers can dial (800)633-8284, and international callers can dial (402)977-9140 to hear the playback. The passcode is 21321565.