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Article: American Safety Razor Company Announces 1999 Third-Quarter and Nine-Months Financial Results.
- Article from:
- Business Wire
- Article date:
- November 5, 1999
CopyrightCOPYRIGHT 1999 Business Wire. 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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VERONA, Va.--(BUSINESS WIRE)--Nov. 5, 1999--
American Safety Razor Company today announced financial results for the third quarter and nine months ended September 30, 1999. Results for the nine months ended September 30, 1999, are combined for the American Safety Razor Company prior to its acquisition (the "Predecessor") by RSA Acquisition Corporation, an affiliate of J.W. Childs Equity Partners II, L.P. (the "Acquisition"), and the American Safety Razor Company after the Acquisition.
Net sales for the 1999 third quarter were $86.1 million, up 7.4% from $80.2 million for the 1998 third quarter. Net income during the 1999 third quarter was $1.3 million as ...