The bottom line more than quadrupled to $7,742,000 from $1,622,000 in the fiscal third quarter ended June 28, on revenues that grew 5% to $180,655,000 from $172,472,000, boosted by strong e-commerce sales. Gross margin improved 180 basis points to 37.6%, driven by better overhead absorption on higher sales in addition to less discounting activity. Operating income ... Log in to view full article.
