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Article: Wilson Brothers announces results of operations for the quarter and nine months ended Sept. 30.
- Article from:
- PR Newswire
- Article date:
- November 14, 1986
CopyrightCOPYRIGHT 1986 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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MIAMI, Nov. 14 /PRNewswire/ -- Wilson Bros. (AMEX: WLB) today announced results of operations for the nine months and quarter ended Sept. 30.
Net sales for the nine months ended Sept. 30 were $47,912,000, compared with $51,072,000 in the same period of the prior year. Operating profit was $1,414,000, compared with $1,858,000 in the prior-year period. The company had net earnings of $1,510,000, or 19 cents a share, in 1986, compared with a net loss of $458,000, or 14 cents a share, in 1985's first nine months.
Net earnings in the current year include extraordinary items of $2.3 million, or 23 cents a share, representing a gain on an insurance ...
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