News

Net loss falls at Danier Leather in Q1

20/10/2006

Revenue for the first quarter of fiscal 2007 increased by 5.3%, or $1.1 million, to $21.9 million compared with $20.8 million in the first quarter of 2006. Comparable store sales increased 6 % in the same period.

Gross profit as a percentage of revenue increased by 0.6% to 44%, or $12.3 million, compared with 43.4%, or $11.8 million, during the first quarter last year.

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