KIDDIE PRODUCTS REPORTS SALES AND EARNINGS FOR 1991
KIDDIE PRODUCTS REPORTS SALES AND EARNINGS FOR 1991 AVON, Mass., March 10 /PRNewswire/ -- Kiddie Products, Inc.
(NASDAQ: KIDD) reported sales for 1991 were $37,992,806 as compared to $35,422,620 for 1990. Net income was $1,915,670 as compared to $1,694,165 for 1990. Earnings per share, based on the average number of shares outstanding during each year (749,420 in 1991 and 1990) were $2.56 for 1991 and $2.26 for 1990.
The company manufactures and distributes infants and toddlers basics and related products through many types of retail outlets. KIDDIE PRODUCTS INC. Financial Summary Year Ended Dec. 31 1991 1990 Net Sales $37,992,806 $35,422,620 Income before income taxes $3,305,670 $2,860,365 Net income $1,915,670 $1,694,165 Earnings per share of common stock $2.56 $2.26 Average number of shares outstanding 749,420 749,420 --- Note: Earnings per share of common stock and average number of shares outstanding have been adjusted to reflect a 2-for-1 stock split effected in the form of a 100 percent stock dividend which was paid on June 14, 1991. -0- 3/10/92 /CONTACT: John Beals of Kiddie Products, 508-588-1220/ (KIDD) CO: Kiddie Products Inc. ST: Massachusetts IN: HOU SU: ERN
EG-TM -- NE007 -- 6860 03/10/92 11:48 EST
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|Date:||Mar 10, 1992|
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