The Sport Chalet Acquisition and Their 10K; Some Perspective

Sometimes we just get lucky. I guess that’s you get lucky, and I get to review something like 650 pages of small print- the estimated total (so far) of documents filed by Sport Chalet between their 10K and the deal.

I’m not going to do quite the typical review of a public company’s financials that I usually undertake. I’ll do a brief review of the 10K with the goal of explaining where and how Sport Chalet got to where it got. That will set the stage for a look at the deal and how they made one. I’m not so interested in explaining what the deal is (I imagine you’ve read that) as in talking about the process and dynamics of how they got there. Let’s get going.

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