SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) JANUARY 29, 1998
THE SPORTS AUTHORITY, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-13426 36-3511120
(Commission File Number) (I.R.S. Employer Identification No.)
3383 NORTH STATE ROAD 7, FT. LAUDERDALE, FL 33319
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (954) 735-1701
N.A.
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
See the news release attached hereto as Exhibit 99.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE SPORTS AUTHORITY, INC.
Date: January 29, 1998 By: /s/ Anthony F. Crudele
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Anthony F. Crudele
Senior Vice President and
Chief Financial Officer
(Principal Financial and Accounting Officer)
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INDEX TO EXHIBITS
EXHIBIT
99 Press Release dated January 29, 1998
EXHIBIT 99
THE SPORTS AUTHORITY APPOINTS MARTIN E. HANAKA VICE-CHAIRMAN
Fort Lauderdale, Florida, January 29, 1998 -- The Sports Authority, Inc.
(NYSE:TSA), the world's largest full-line sporting goods retailer, today
announced that Martin E. Hanaka will be joining the Company on February 2,
1998 as Vice-Chairman, reporting to Jack Smith, Chairman & Chief Executive
Officer. Additionally, Mr. Hanaka has been nominated to the Board of
Directors pending shareholder approval at the May 28, 1998 annual meeting.
Mr. Hanaka, the former President & Chief Operating Officer of Staples,
Inc., was a primary force in leading the office supply superstore chain to
a compounded annual growth rate of 41% in sales and 51% in earnings per
share during his tenure. Mr. Hanaka's extensive retail career has included
serving as President & COO of Lechmere, Inc., and holding a variety of
senior executive positions with Sears Roebuck & Co.
Commenting on the appointment, Jack Smith stated, "We already have the
strongest management team in our industry, and we are fortunate to be
adding Marty's background and experience in a high growth environment. This
appointment will continue to solidify The Sports Authority's leadership
position in the sporting goods industry, and affirm our status as one of
the elite specialty retailers."
The Sports Authority operates 199 full line sporting goods superstores; 186
stores in 30 states across the United States, six in Canada, and seven in
Japan under its joint venture agreement with JUSCO Co., Ltd.
