The US athletic footwear producer, Saucony, has posted record financial results for the first quarter 2004.
The company, which is based in Peabody, Massachusetts, said its net income increased 63% to $4.2 million while net sales rose 20% to $47 million. Diluted earnings per share increased to a record $0.58 per Class A common share and $0.64 per Class B common share.