Net income slipped 59% to $975,000 from $2,396,000 forthe period ended Apr. 4 despite a 1.5% increase in total sales to $184,851,000versus $182,139,000. Q1 gross margins declined 90 b.p. to 32.6%.
By segment, team sports, bolstered by higher sales offootball helmets and hockey sticks, had a 7.0% increase in sales to$107,811,000 as segment ... Log in to view full article.
