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Article: Minuteman International First Quarter Net Rises 20.5 Percent; Sales a Record for Any Quarter
- Article from:
- PR Newswire
- Article date:
- May 1, 1998
CopyrightCOPYRIGHT 1998 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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Higher Margins Also Buoy Results
ADDISON, Ill., May 1 /PRNewswire/ -- Minuteman International, Inc. (Nasdaq: MMAN) announced today that record sales for the first quarter of 1998, together with virtually no increase in general and administrative expenses, caused profit margins to increase, producing a 20.5 percent surge in net income on a 7.1 percent gain in sales. This was the first quarter during which sales breached the $15-million mark in the company's 17-year history.
"The revenue increase reflects the positive effects of promotional initiatives instituted over the past couple of years to gain market share, a price ...
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Article: Minuteman International First Quarter Net Up 37.7 ...
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... ... PRNewswire/ -- Minuteman International, Inc ... reported net income for the first ... 2000. Minuteman International, Inc ... minutemanintl.com . MINUTEMAN INTERNATIONAL, INC. AND ... 472 45.8 Net Income $1,063 ...
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