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JACLYN, INC. REPORTS OPERATING RESULTS FOR YEAR ENDED JUNE 30, 1992

JACLYN, INC. REPORTS OPERATING RESULTS FOR YEAR ENDED JUNE 30, 1992
 WEST NEW YORK, N.J., Sept. 16 /PRNewswire/ -- Jaclyn, Inc. (AMEX: JLN) today reported revenues and earnings for the year ended June 30, 1992.
 Revenues for the year were $65,908,000 compared to $56,068,000 reported a year ago. Net earnings for this 1992 fiscal period were $1,383,000 or $.52 per share. This compares with net earnings of $841,000 or $.31 per share last year.
 Mr. Allan Ginsburg, chairman of the board of Jaclyn, stated that although it is gratifying to report the increase in revenues and earnings, the company enters fiscal 1993 with caution because of today's uncertain economy.
 Jaclyn, Inc. is a leading designer, manufacturer and marketer of handbags and related products.
 JACLYN, INC.
 Consolidated Statement of Earnings
 Fiscal year ended June 30 1992 1991
 Revenues $65,908,000 $56,068,000
 Earnings before income taxes 1,819,000 1,069,000
 Income taxes 436,000 228,000
 Net earnings 1,383,000 841,000
 Net earnings per common share .52 .31
 Stockholders' equity per share 7.97 8.07
 -0- 9/16/92
 /CONTACT: Murray Richman, treasurer of Jaclyn, Inc., 201-868-9400/
 (JLN) CO: Jaclyn, Inc. ST: New Jersey IN: HOU SU: ERN


AH-OS -- NY045 -- 0172 09/16/92 13:33 EDT
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Publication:PR Newswire
Date:Sep 16, 1992
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