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Article: Rawlings Announces Fiscal Year 2001 Earnings of $0.22 Per Share.
- Article from:
- PR Newswire
- Article date:
- November 1, 2001
CopyrightCOPYRIGHT 2001 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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FENTON, Mo., Oct. 31 /PRNewswire/ --
Rawlings Sporting Goods Company, Inc. (Nasdaq: RAWL) announced today operating results for its fourth quarter of fiscal year 2001 and for the complete fiscal year.
Rawlings' fourth quarter of fiscal year 2001 sales were $28.1 million, down 3.2% from the fourth quarter of fiscal year 2000 sales from continuing operations of $29.0 million. A decline in sales of gloves, basketballs, memorabilia baseballs and team apparel accounted for most of this decline.
Gross profit from continuing operations for the fourth quarter of fiscal year 2001 was $4.8 million, down 22.9% from the fourth quarter of fiscal year 2000 ...