A non-cash charge for the disposal of Creative Recreation pulled the bottom line to a loss of $634,249 in the fourth quarter from $1,382,870 profit last year on 3% higher sales at $66,950,298 vs. $65,266,028. Excluding the $3 million pre-tax charge, net income would have been down slightly at $1,315,751. Wholesale sales decreased 9% to ... Log in to view full article.
