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Article: Kid Brands, Inc. Reports Third Quarter 2009 Results.
- Article from:
- PR Newswire
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 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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Confirms 2009 Earnings Performance Outlook
WAYNE, N.J., Nov. 5 /PRNewswire-FirstCall/ -- Kid Brands, Inc. , formerly known as Russ Berrie and Company, Inc., today reported financial results for the three months ended September 30, 2009 ("Q3 2009").
Summary Results (1)(2)
-- Net sales for Q3 2009 decreased 13.9% to $60.1 million, as compared to
$69.8 million for the three months ended September 30, 2008 ("Q3
2008")
-- Net sales for the nine months ended September 30, 2009 (the "2009 YTD
Period") increased 1.5% to $176.3 million, as compared to $173.6
million for the nine months ended September 30, 2008 (the "2008 YTD
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