Article: Salant announces third quarter and nine months operating results.

SALANT ANNOUNCES THIRD QUARTER AND NINE MONTHS OPERATING RESULTS

NEW YORK, Oct. 5 /PRNewswire/ -- Salant Corporation (NYSE: SLT) today announced operating results for the third quarter and nine months ended Sept. 3, 1988.

Salant's operating results included the operating results of Manhattan Industries, Inc. from May 1, 1988. In August 1988, Salant completed the acquisition of Manhattan, which was merged into Salant and is now operated as an unincorporated division.

In the third quarter of fiscal 1988, net income was $2,175,000, or 60 cents per share, which included a charge of 2,848,000, representing the amortization of the remaining ...

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