Article: Temtex Industries Reports Third Quarter Operating Results; Announces New Fireplace Products

DALLAS, July 3 /PRNewswire/ -- TEMTEX INDUSTRIES, INC. (Nasdaq National Market: TMTX), a leading manufacturer of fireplace products and face brick products, today reported operating results for the third quarter and first nine months of its 1997 fiscal year. The Company also announced that several new fireplace products will be introduced during the fourth quarter of its current fiscal year.

For the three months ended May 31, 1997, the Company reported net sales of approximately $8.5 million, compared with approximately $9.7 million in the prior-year period. A net loss of $376,000 ($0.11 per share) was incurred during the third quarter of FY1997, versus a ...

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