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MILLFELD TRADING ANNOUNCES THIRD QUARTER RESULTS

 NEW YORK, Dec. 24 /PRNewswire/ -- Millfeld Trading Co., Inc. (NASDAQ: SHOE), today announced that for the third quarter ended Oct. 31, 1992, it sustained net losses of $1,867,165, or $.53 per share, principally due to start-up costs associated with the company's new CANDIE'S division which markets and distributes footwear under the trade name CANDIE'S and amortization in excess of $425,000.
 -0- 12/24/92
 /CONTACT: Michael Callahan, chief financial officer, 212-869-8725/
 (SHOE)


CO: Millfeld Trading Co., Inc. ST: New York IN: REA SU: ERN

LR-AH -- NY006 -- 9812 12/24/92 10:07 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 24, 1992
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