Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (3346)	3/4/2008 6:08:38 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

HLYS oh my: DALLAS (AP) -- Heelys Inc., which makes wheeled shoes for children, said Tuesday it swung to a loss in its fourth quarter due to a big drop in sales, more returns and higher markdowns. For the quarter ended Dec. 31, the company reported a loss of $5.5 million, or 20 cents per share, compared with a profit of $11.5 million, or 44 cents per share, in the prior-year quarter. Sales dropped 86 percent to $9.8 million from $71.1 million in the fourth quarter of 2006. Interim Chief Executive Ralph Parks in a statement said the company's results were affected by more returns and an increase in markdowns.