MAY 31, 1999 - VOL 16, NO 22
SIGNAL APPAREL HAS POSITIVE CASH FLOW IN Q1.
It was the first instance of positive cash flow in over seven years, though it still had a Q1 net loss of $3,609,000 versus a loss of $3,854,000. Revenues were $33,418,000 against $11,561,000 for the period ended Apr. 3. Approximately $26 million of the sales total was derived from Umbro and the newly acquired Tahiti division. Meanwhile, the company’s senior lender, ... Log in to view full article.
