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LaCrosse Footwear pleased with 4% rise in Q4 sales

07
Feb '06

Leading provider of branded work and outdoor footwear for expert users, LaCrosse Footwear, Inc reported results for the fourth quarter and year ended December 31, 2005.

For the fourth quarter of 2005, LaCrosse reported consolidated net sales of $29.7 million, up 4 percent from $28.7 million in the fourth quarter of 2004.

Sales in 2004 included General Services Administration (GSA) delivery orders for uniform boots, which was not part of an ongoing contract, and the former PVC boot line (PVC).

Excluding sales of $2.2 million from GSA delivery orders and $0.3 million from PVC in the fourth quarter of 2004, consolidated net sales grew 14 percent year-over-year in the same period of 2005.

For the full year 2005, net sales were $99.4 million, compared to $105.5 million in 2004.

Excluding sales of $9.8 million from GSA delivery orders and $5.1 million from PVC in the full year 2004, consolidated net sales grew 10 percent during 2005.

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LaCrosse Footwear is a leading developer and marketer of branded, premium and innovative footwear for expert work and outdoor users.

The Company's trusted Danner and LaCrosse brands are distributed domestically through a nationwide network of specialty retailers and distributors, and internationally through distributors in Asia and Europe.

Work customers include people in law enforcement, agriculture, firefighting, construction, industry, military services and other occupations that need high-performance and protective footwear as a critical tool for the job.

LaCrosse Footwear Inc

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