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Article: Griffin Announces Second Quarter Results
- Article from:
- PR Newswire
- Article date:
- July 8, 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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NEW YORK, July 8 /PRNewswire/ -- Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) ("Griffin") today reported second quarter net income of $2,438,000 on net sales of $23,707,000 as compared to 1997 second quarter net income of $1,989,000 on net sales of $20,905,000. Griffin reported basic and diluted net income per share of $0.51 and $0.48, respectively, for the 1998 second quarter as compared to pro forma basic and diluted net income per share of $0.42 and $0.41, respectively, in the 1997 second quarter.
In the 1998 six month period, Griffin reported net income of $1,008,000 on net sales of $27,221,000 as compared to a net loss of ($24,000) on net sales of ...
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