LaCrosse Footwear reports fall in sales
01/11/2005
Branded work and outdoor footwear company LaCrosse Footwear, Inc. has reported a drop in sales for the third quarter ended
The company reported consolidated net sales of $31.0 million, compared with $34.5 million in the third quarter of 2004, which was said to be the result of increased petroleum prices and a general slowdown in consumer spending.
For the first three quarters of 2005, consolidated net sales were $69.6 million, compared with $76.8 million in the same period of 2004. Sales to the outdoor market were $18.9 million for the third quarter of 2005, up 1% from $18.7 million in the same period of 2004. Sales to the work market were $12.1 million for the third quarter of 2005, compared with $15.8 million in the same period of 2004.
For the first three quarters of 2005, consolidated net sales were $69.6 million, compared with $76.8 million in the same period of 2004. Sales to the outdoor market were $18.9 million for the third quarter of 2005, up 1% from $18.7 million in the same period of 2004. Sales to the work market were $12.1 million for the third quarter of 2005, compared with $15.8 million in the same period of 2004.
"Despite challenging economic conditions, we are encouraged with our sales and earnings performance in our core work and outdoor business in the third quarter," said Joseph P. Schneider, CEO.
Share this story:
