Outdoor sales slip at LaCrosse
LaCrosse Footwear Inc reported results for its fourth quarter and full year ended December 31.
For the fourth quarter, the company reported consolidated net sales of $35.1 million, up 8% from $32.7 million in the fourth quarter of 2007. For the full year 2008, sales were $128 million, up 8% from $118.2 million.
Net income was $1.2 million in the fourth quarter compared with $2.4 million, while the full year, net income was $6.2 million compared with $7.3 million.
Sales to the work market were $20.2 million for the fourth quarter, up 17% from $17.2 million for the same period in 2007. For the full year, sales to the work market were $74.9 million, up 23% from $60.9 million.
Sales to the outdoor market were $14.9 million for the fourth quarter, down 3% from $15.4 million for the same period of 2007. For the full year, sales to the outdoor market were $53.1 million, down 7% from $57.3 million.
