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Profits Decline 35 Percent at American Locker Group.

Publication: Knight Ridder/Tribune Business News
Date: Wednesday, August 13 2003

By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News

Aug. 13--American Locker Group's ...uarterly profits fell 35 percent from a year ago, hurt by weaker sales to the U.S. Postal Service.

The Jamestown-based company reported profits of about $548,000 for the ...uarter, down from about $847,000 the year before. Sales fell nearly 11 percent, to $9.8 million.

American Locker's earnings per diluted share fell to 35 cents from 42 cents a year earlier.

Plastic locker sales declined $781,000 in the ...uarter, mainly

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German athletic apparel maker Puma counts on fashion trends to boost...

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TRUSERV ANNOUNCES REDUCTION IN WORKFORCE.

* TruServ Corp. announced it has begun a significant reduction in staffing nationwide. The process should be completed over the next several months and plans ......

K2 INC. REPORTS 2001 SECOND QUARTER AND SIX-MONTHS FINANCIALS.

K2 Inc. (NYSE:KTO) of Los Angeles released financial results for the second quarter and six months ended June 30, 2001. For the 2001 second quarter, ......

Rickel seeks more time to develop bankruptcy reorganization plan.

Rickel Home Centers Inc asked for a 192-day extension to develop its bankruptcy reorganization plan. The home improvement chain was negatively affected by the bad ......

France's state companies face time bomb of 440-billion-euro debt...

Oct. 31--France's state companies have racked up debts and off-balance sheet liabilities of more than 440 billion euros (305 billion pounds, $564 billion), almost four ......

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