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Article: U.S. Home & Garden Reports Fourth Quarter and Fiscal Year-end 2001 Results; Company Provides Guidance on Fiscal 2002.
- Article from:
- Business Wire
- Article date:
- October 15, 2001
CopyrightCOPYRIGHT 2001 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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Business Editors
SAN FRANCISCO--(BUSINESS WIRE)--Oct. 15, 2001
U.S. Home & Garden Inc. (Nasdaq: USHG) today reported operating results for the fourth quarter and fiscal year ended June 30, 2001.
The Company reported record fourth quarter net sales of $29.8 million compared to $26.0 million for the fourth quarter of fiscal 2001. The Company recorded pre tax income of $1.7 million, or $0.10 per diluted share for the fourth quarter, before the impact of one-time items, which include a discontinued operation, a restructuring, and an asset impairment charge, compared to pre tax income of $0.7 million, or $0.04 per diluted share, on a comparable basis ...