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Article: CSS Industries, Inc. Reports Sales and Earnings for the Quarter and Six Months Ended September 30, 2009.
- Article from:
- Telecommunications Weekly
- Article date:
- November 11, 2009
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CSS Industries, Inc. (NYSE:CSS) announced the results of operations for the second quarter and six months ended September 30, 2009. For the quarter ended September 30, 2009, sales decreased 8% to $160,273,000 from $174,161,000 in 2008. Net income decreased 15% to $8,892,000, or $.92 per diluted share, compared to prior year net income of $10,504,000, or $1.03 per diluted share. For the six months ended September 30, 2009, sales decreased 6% to $213,950,000 from $228,808,000 in 2008. Net income for the six months ended September 30, 2009 decreased 27% to $4,402,000, or $.46 per diluted share in 2009 compared to prior year net income of $6,008,000, or $.58 per diluted share. ...
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