Phoenix Footwear Group posts Q4 profit versus year-earlier loss
24 Mar '06
2 min read
The net income for the twelve months ended December 31st 2005 was $1.2 million, or $0.15 per diluted share, compared to net income of $3.0 million, or $0.48 per diluted share, for the comparable period a year ago.
Due to the timing of the fourth quarter 2005 earnings release, the company has elected to provide preliminary guidance for the first quarter 2006. Sales are currently expected to reach $37 to $39 million with earnings per diluted share of $0.18 to $0.20.
Phoenix Footwear Group Inc, headquartered in Carlsbad, California, designs, develops and markets a diversified selection of men's and women's dress and casual footwear, belts, personal items, outdoor sportswear and travel apparel.
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