Jaclyn posts financial results for year ended June 30
27 Sep '08
1 min read
Jaclyn Inc reported financial results for the fiscal year ended June 30, 2008.
Net sales for the year ended June 30, 2008 were $151,304,000 compared to $154,507,000 a year earlier. The Company had net earnings of $362,000, or $.15 per diluted share, compared to fiscal 2007 net earnings of $709,000, or $.28 per diluted share (which included the previously reported reduction in 2007 earnings before income taxes of approximately $3,089,000 ($1,970,000 after tax) in connection with the final distribution to participants of the Company's pension plan termination and settlement).
Jaclyn Inc is a designer, manufacturer and marketer of apparel, women's sleepwear, infants' and children's apparel, handbags, premium incentives and related accessories.
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