Third quarter net sales at US-based footwear, apparel and accessories company Phoenix Footwear Group, Inc., increased 6.4% to $36.5 million, compared with $34.3 million for its third quarter last year. On a trailing twelve-month basis, net sales increased 49.7% to $144.8 million, compared with $96.7 million for the same period in the previous year.

The company’s net income for the third quarter was $343,000, compared with $981,000 for the comparable quarter during the previous fiscal year, whilst net income on a trailing twelve-month basis increased 158.3% to $3.1 million, compared with $1.2 million a year ago.

For the nine months to the end of September, net sales increased 46.9% to $111.7 million, compared with $76 million for the equivalent 2005 period. Net income for the nine months was $3 million, compared with $1.1 million for the same period a year ago.