TO ALL.. SNKI... trades at 1 1/4... low volume.. I'm not in anymore, got in and out... needed the cash, but still looking...
interested to see what other's opinions are.. if this is interesting enough to do a little DD, please tell me what you think
John Tulin, President of Swank, particularly noted the 22% increase in Swank's net sales for the first quarter of 1998, over the same quarter last year. ''We are very pleased that consumer demand for Swank's men's and women's products, which produced increased sales in the last two quarters of 1997, has continued into 1998 and contributed to the strongest first quarter for the Company in a decade.''
biz.yahoo.com
SNKI manufactures and distributes men's and women's fashion accessories under the names ''Yves Saint Laurent'', ''Swank'', ''Kenneth Cole'', ''Geoffrey Beane'', ''Pierre Cardin'', ''Anne Klein'', ''Anne Klein II'', ''Guess?'', and ''Colours by Alexander Julian''. Sales for nine months ended 9/97 fell less than 1% to
$91.3 million. Net income totalled $467 thousand vs. a loss of $1.9 million. Revenues reflect higher customer returns. Earnings reflect lower debt levels and lower fringe benefits costs.
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