Alternate versions

Theatrical and home video versions have the end credits scrolling in red text over a shot of the Parker house. The airings on TBS in the United States have the credits on white over a black background. This also happened on the Cartoon Network airing as well.

The TBS version has deleted a quick sequence near the beginning when 'The Old Man' laments a trade the White Sox made. This comes between Ralphie putting the BB gun ad into his mother's magazine and the family eating breakfast.

Another fantasy of Ralphie's, in which Flash Gordon faces Ming the Merciless with the help of Ralphie and his Red Ryder BB gun, was deleted from the final cut. (However, credits for Flash Gordon and Ming the Merciless remain in the cast list of the closing credits.)