News

Total sales up 21% in third quarter for US footwear producer

26/03/2001

The U.S. shoemaker Vans, Inc. last week announced record financial results for the third quarter of fiscal 2001 ended February 24, 2001.

Net sales for the quarter increased 21.1% to $83.3 million versus $68.8 million last year and net income increased 50.3% to $2.6 million versus $1.7 million, with a 41.7% increase in diluted earnings per share of $0.17 versus $0.12.

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