Net income plunged 92% for the fiscal year ended June 30 to A$1,559,000 ($1.0 mm) from A$18,641,000 prior, on revenues that declined 15% to A$234,341,000 ($156.6 mm) from A$274,463,000, -17% constant currency. Weak hardgoods sales accounted for all of the decline, and apparel sales were actually up slightly for the year. Sales in North America fell by 18% to A$94.1 million ($62.9 mm), including the U.S. which was down 18% to A$86.0 million and ... Log in to view full article.
