Jaclyn, Inc. reported financial results for the second quarter ended August 31, 2013.
Net sales for the three-month period ended August 31, 2013 were $44,217,000 compared to $43,266,000 for the three-month period ended August 31, 2012.
The Company reported net earnings totaling $539,000, or $.24 per diluted share, for the quarter ended August 31, 2013. This compares to net earnings of $248,000, or $10 per diluted share, for last year's second quarter ended August 31, 2012.
Net sales for the six-month period ended August 31, 2013 were $76,936,000 compared to $71,763,000 for the same period last year. Net loss for the six-month period ended August 31, 2013 was $454,000, or $.20 per diluted share. For the comparable six-month period in the prior year, the Company reported a net loss of $626,000, or $.26 per diluted share.