TSA REPORTS SALES; EARNINGS FALL SHORT OF EXPECTATIONS

          FL-based The Sports Authority (TSA) announced sales for
     the month ending June 20 were $127.1M, down 10.8% from sales
     of $142.4M for the same period last year, which included
     $5.1M of sales from the company's Japanese joint venture. 
     Comparable store sales for the month were off 9.8%.  Sales
     for the five-month period ending June 20 were $596.6M, down
     2.6% from the year earlier $612.3M.  TSA also estimates
     earnings for the second quarter at between $.07 and $.09 a
     share (TSA).  That earnings estimate "will fall far short of
     analysts' estimates."  TSA's stock closed at $4 yesterday on
     the NYSE, down 56.25 cents, or 12% (WALL ST. JOURNAL, 7/9).