Net income was up 21% in the third quarter to $6,733,000 from $5,554,000 on 3% lower revenue of $65,608,000 against $67,786,000. Bottom-line gains came from gross margin expansion, improved fixed-cost absorption, and tailwinds from $1.6 million in IEEPA tariff refunds. Lower sales in basketball, indoor games, and table tennis categories due to ... Log in to view full article.
