yeah, i don't know why there was no Press Release on the wire. Zacks did mention they beat:
quicken.excite.com
If they don't have a press release in the morning i will call them
and complain (i would like to ask other shareholders to do the same). I had bought the stock as a trade,
but i listened to part of the CC today and am wicked excited about the future of this company now and expect
that at some time the stock will reflect the strong growth.
Here is the Wall Street Urinal's little blurb:
Dow Jones Newswires -- August 25, 1998
Candie's Inc. 2Q Net 21c/Diluted Share Vs 17c On Gain
Candie's Inc. - Purchase, N.Y.
2nd Quar July 31:
1998 1997
Revenue $41,477,000 $29,726,000
Net income 3,361,000 a 2,195,000
Avg shrs (basic) 14,174,000 11,153,000
Avg shrs (diluted) 16,363,000 13,150,000
Shr earns (basic)
Net income .24 a .20
Shr earns (diluted)
Net income .21 a .17
a. Includes gain of $900,000 from a reduction in the valuation
allowance of net deferred tax assets.
6 Months July 31:
1998 1997
Revenue $67,170,000 $46,587,000
Net income 4,417,000 a 3,018,000
Avg shrs (basic) 13,920,000 10,564,000
Avg shrs (diluted) 16,191,000 12,845,000
Shr earns (basic)
Net income .32 a .29
Shr earns (diluted)
Net income .27 a .23
a. On gain of $900,000 from a reduction in the valuation allowance of
net deferred tax assets.
Candie's Inc. (CAND) said retail sell-throughs are at an all time high
and the company continues to achieve SKU expansion throughout
its department store distribution.
Candie's designs and markets women's and girls'
casual fashion footwear, handbags and small leather goods. |
