Lower sales in its military boot segment negatively affected third quarter results at US-based producer of military, western, and work footwear and bar code products McRae Industries, Inc.

Consolidated net revenues for the third quarter slipped to $16.2 million from $17.1 million in the third quarter of fiscal 2006, due to the reduced sales of bar code products and military combat boots to the US government, although this was partially offset by increased sales of western and work boot products.

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