Sam Libby Reports Second Quarter and Six-Month Results

Sam & Libby Inc. (NASDAQ:SAML) Thursday reported that net revenue for the second quarter and the first six months of 1992 was $17 million and $47.1 million, respectively, a decrease of 11 percent from the second quarter of 1991 and an increase of 15 percent from the first six months of 1991. For...

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Bibliographic Details
Published inBusiness Wire p. 1
Main Author Schultz, Robert W
Format Newsletter
LanguageEnglish
Published New York Business Wire 23.07.1992
Subjects
Ballet
Financial statements
Footwear industry
Pacific
Product lines
United States > US
San Carlos
CA
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Summary:Sam & Libby Inc. (NASDAQ:SAML) Thursday reported that net revenue for the second quarter and the first six months of 1992 was $17 million and $47.1 million, respectively, a decrease of 11 percent from the second quarter of 1991 and an increase of 15 percent from the first six months of 1991. For the second quarter of 1992, the company experienced a loss of $452,000, or 4 cents per share, compared with pro forma net income of $2.2 million, or 24 cents per share for the second quarter of 1991. Net income for the first six months of 1992 was $2.5 million, or 25 cents per share, compared with pro forma net income of $4.8 million, or 54 cents per share for the comparable period of 1991. (excerpt)