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Article: Rawlings Reports Fiscal Year 2002 Earnings Per Share of $0.41 Versus $0.22 In Fiscal Year 2001.
- Article from:
- PR Newswire
- Article date:
- October 29, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rawlings Sporting Goods Company, Inc. announced today final fiscal year 2002 earnings of $0.41 per share versus fiscal year 2001 earnings of $0.22 per share.
Total net revenues for fiscal year 2002 were $173.7 million, down 0.5% from fiscal year 2001 net revenues of $174.5 million. Net revenues from baseball and softball equipment were $106.1 million, up 2.6% versus fiscal year 2001 net revenues from baseball and softball of $103.4 million. Declines in inflatables and apparel offset the growth in the Company's core baseball and softball segment.
Gross Margin was $48.8 million in fiscal year 2002, up 2.6% from fiscal year 2001 gross margin of $47.5 ...