Home / Knowledge / News / Apparel/Garments / Sales dip at apparel marketer Jaclyn in Q3FY'13
Sales dip at apparel marketer Jaclyn in Q3FY'13
15
Jan '13
Jaclyn, Inc. reported financial results for the third quarter ended November 30, 2012.

Net sales for the three-month period ended November 30, 2012 were $51,880,000 compared to $57,882,000 for the three-month period ended November 30, 2011. The Company reported third quarter net earnings of $1,307,000, or $.54 per diluted share (which includes an after-tax gain on the sale of the remaining lot of the Company's former West New York, New Jersey facility totaling $452,000, or net earnings from operations of $855,000), compared to net earnings of $781,000, or $.31 per diluted share, in last year's comparable quarter.

Net sales for the nine-month period ended November 30, 2012 were $123,643,000 compared to $147,980,000 for the same period last year. Net earnings for the nine-month period ended November 30, 2012 were $681,000, or $.27 per diluted share (which includes an after-tax gain on the sale of the remaining lot of the Company's former West New York, New Jersey facility totaling $452,000, or net earnings from operations of $229,000).

This compares to net earnings of $2,927,000, or $1.18 per diluted share, (which included the after-tax gain on the previously reported sale of the Company's former West New York, Jew Jersey facility totaling $2,005,000, or $.82 after income taxes), in the same nine-month period ending November 30, 2011. Without this after-tax gain, net earnings from operations were $922,000.

Jaclyn, Inc. is a designer, manufacturer and marketer of apparel, women's sleepwear, infants' and children's apparel, handbags, premium incentives and related accessories. 

Jaclyn


Must ReadView All

Courtesy: Bangladesh Bank

Apparel/Garments | On 22nd May 2018

Bangladesh Bank enhances EDF loan limit to $25 million

Bangladesh Bank has enhanced the loan limit under Export Development...

Sri Lanka's textile imports up 32.5% in February 2018

Textiles | On 22nd May 2018

Sri Lanka's textile imports up 32.5% in February 2018

In what might be an indication of higher exports in the coming...

Provide power at Rs 8/kWh to textile units: APTMA

Textiles | On 22nd May 2018

Provide power at Rs 8/kWh to textile units: APTMA

All Pakistan Textile Mills Association (APTMA) has asked the...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search