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Article: KURT SALMON ASSOCIATES ISSUES 3 FINANCIAL PERFORMANCE PROFILES
- Article from:
- PR Newswire
- Article date:
- July 10, 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)
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-- Profits For Retailers and Apparel/Footwear Producers Off
11% on 10% More Sales
-- Profits Dip 22% In Home & Leisure Products Despite 13% Sales Rise
-- Food and Personal Care Products The Only Profitable Sector Last
Year
ATLANTA, July 10 /PRNewswire/ -- In a difficult year for retailing and soft goods, five of eight companies in Kurt Salmon Associates' (KSA) Personal Consumer Products & Retail profile had lower earnings in 1995, and one out of four ended in the red. The financial performance study was one of three issued today by Kurt Salmon Associates, international management consultants.
In a year marked by heavy price ...