California-based footwear, sportswear and accessories company Phoenix Footwear Group, Inc. has posted preliminary financial results for the quarter ended July 1.

Based on preliminary estimates, Phoenix anticipates its total net sales to be over $34 million for the second quarter compared with $15.4 million for the same period in 2005, reflecting both organic growth and newly acquired business units. The organic growth rate for net sales is estimated to be in the mid 20% range.

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