BGFV » Topics » If we fail to anticipate changes in consumer preferences, we may experience lower net sales, higher inventory, higher inventory markdowns and lower margins.

These excerpts taken from the BGFV 10-K filed Mar 10, 2008.
If we fail to anticipate changes in consumer preferences, we may experience lower net sales, higher inventory, higher inventory markdowns and lower margins.
 
Our products must appeal to a broad range of consumers whose preferences cannot be predicted with certainty. These preferences are also subject to change. Our success depends upon our ability to anticipate and respond in a timely manner to trends in sporting goods merchandise and consumers’ participation in sports. If we fail to identify and respond to these changes, our net sales may decline. In addition, because we often make commitments to purchase products from our vendors up to six months in advance of the proposed delivery, if we misjudge the market for our merchandise, we may over-stock unpopular products and be forced to take inventory markdowns that could have a negative impact on profitability.
 
If we
fail to anticipate changes in consumer preferences, we may
experience lower net sales, higher inventory, higher inventory
markdowns and lower margins.



 



Our products must appeal to a broad range of consumers whose
preferences cannot be predicted with certainty. These
preferences are also subject to change. Our success depends upon
our ability to anticipate and respond in a timely manner to
trends in sporting goods merchandise and consumers’
participation in sports. If we fail to identify and respond to
these changes, our net sales may decline. In addition, because
we often make commitments to purchase products from our vendors
up to six months in advance of the proposed delivery, if we
misjudge the market for our merchandise, we may over-stock
unpopular products and be forced to take inventory markdowns
that could have a negative impact on profitability.


 




This excerpt taken from the BGFV 10-K filed Mar 16, 2006.
If we fail to anticipate changes in consumer preferences, we may experience lower net sales, higher inventory markdowns and lower margins.
 
Our products must appeal to a broad range of consumers whose preferences cannot be predicted with certainty. These preferences are also subject to change. Our success depends upon our ability to anticipate and respond in a timely manner to trends in sporting goods merchandise and consumers’ participation in sports. If we fail to identify and respond to these changes, our net sales may decline. In addition, because we often make commitments to purchase products from our vendors up to six months in advance of the proposed delivery, if we misjudge the market for our merchandise, we may over-stock unpopular products and be forced to take inventory markdowns that could have a negative impact on profitability.
 
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