Article: Crystal Brands earnings soar. (men's clothing manufacturer Crystal Brands Inc.)

CRYSTAL BRANDS EARNINGS SOAR

SOUTHPORT, Conn. (FNS) -- Crystal Brands, Inc., reported that earnings soared in the third quarter and nine months ended Sept 30.

In the quarter, earnings rose to $11,465,000, or $1.27 a share, from $3,112,000, or 35 cents, in the year-earlier period. Sales more than doubled to $265,812,000 from $125,367,000.

For the nine months, earnings increased to $15,136,000, or $1.67, from $3,526,000, or 39 cents. Sales more than tripled to $664,666,000 from $298,846,000.

Operating results for the quarter and nine months include the results of Palm Beach and Trifari. Trifari was acquired in April 1988, and ...

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