Net income improved by 45% to $4,275,000 in the third quarter from $2,958,000 last year helped by significantly improved product margins, as revenues slipped 2% to $73,358,000 from $74,904,000. Excluding eight extra business days in the company’s Q3 this year, sales would have been down 12%. Improved sales in basketball and pickleball were bright spots, especially in the mass merchant channel that includes big box and sporting goods ... Log in to view full article.
