UNITED STATES
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 the earliest event reported): March 15, 2007
 
SPORT CHALET, INC.
(Exact name of registrant as specified in its charter)
 
Delaware
0-20736
95-4390071
(State or other jurisdiction
of incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
 
One Sport Chalet Drive, La Canada, CA 91011
(Address of principal executive offices) (Zip Code)

(818) 949-5300
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 15, 2007, Norbert Olberz resigned as a member of the Board of Directors, and as Chairman Emeritus, of the Company. A copy of the resignation is attached as Exhibit 99.1 to this Report.

Item 7.01.
Regulation FD Disclosure.

On March 16, 2007, the Company issued a press release announcing the resignation of Mr. Olberz described in Item 5.02. A copy of the press release is attached as Exhibit 99.2 to this Report.

The information in this Item 7.01, including Exhibit 99.2, will not be treated as filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section. This information will not be incorporated by reference into a filing under the Securities Act of 1933, or into another filing under the Exchange Act, unless that filing expressly refers to specific information in this Report. The furnishing of the information in this Item 7.01 is not intended to, and does not, constitute a representation that such furnishing is required by Regulation FD or that the information in this Item 7.01 is material information that is not otherwise publicly available.

Cautionary Information Regarding Forward-Looking Statements

Except for the historical and factual information contained in the press release attached as an exhibit to this Report, the matters set forth therein (including statements as to the expected role of Mr. Olberz in the future), and other statements identified by words such as “estimates,” “expects,” “projects,” “plans,” “will” and similar expressions) are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: the possibility that Mr. Olberz will be unable or unwilling to provide services to the Company in the future. You should not place undue reliance on these forward-looking statements, which speak only as of the date of the press release. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

 
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Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits.
 
Exhibit Number
Description of Exhibit
   
99.1
Resignation of Norbert Olberz as Chairman Emeritus and a member of the Board of Directors.
   
99.2
Press release dated March 16, 2007, entitled: "Sport Chalet Announces Retirement of Norbert Olberz from Board of Directors."

 
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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.
 
     
 
SPORT CHALET, INC.
 
 		  
 		  
 
Date: March 19, 2007
 By   /s/ Howard K. Kaminsky
 
Howard K. Kaminsky, Executive Vice President-Finance, Chief Financial Officer and Secretary
   
 
 
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Exhibit Index
 
Exhibit Number
Description of Exhibit
   
99.1
Resignation of Norbert Olberz as Chairman Emeritus and a member of the Board of Directors.
   
99.2
Press release dated March 16, 2007, entitled: "Sport Chalet Announces Retirement of Norbert Olberz from Board of Directors."

 
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