Canadian designer, manufacturer, and retailer of leather and suede clothing and accessories, Danier Leather Inc., has reported lower than expected sales in the third fiscal quarter ended March 26, 2005.

Although sales for the thirteen weeks increased by 2% to $46.5 million from $45.5 million in the same quarter of fiscal 2004, Boxing Week took place in the third quarter this year versus the second quarter last year. As a result, the third quarter of 2005 included incremental Boxing Week revenue of about $5.8 million.

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