|
|
Article: DIXON TICONDEROGA COMPANY REPORTS PROFITABLE FIRST QUARTER OF FISCAL 1996
- Article from:
- PR Newswire
- Article date:
- February 7, 1996
CopyrightCOPYRIGHT 1996 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)
|
HEATHROW, Fla., Feb. 7 /PRNewswire/ -- Dixon Ticonderoga Company (AMEX: DXT) reported net income of $150,623, or 5 cents per share, for its first quarter ended December 31, 1995. This compares with net income of $301,955, or 10 cents per share in the first quarter of fiscal 1995. Revenues for the current quarter were $20,945,721, down slightly from the prior-year period revenues of $21,392,751.
"We are pleased to continue our trend of profitability in what is historically a difficult quarter for our Company, due to lower seasonal sales and normal holiday shutdowns at our manufacturing facilities," President Gino N. Pala explained. "While net income was down from ...