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A.T. Cross Company
A.T. Cross Company Reports Third Quarter Results
November 7th, 2008
A.T. Cross Company (NASDAQ: ATX) announced financial results for the third quarter ended September 27, 2008. Consolidated sales for the third quarter of 2008 increased 11% to $39.0 million compared to $35.1 million in the third quarter of 2007. The Cross Accessory Division (CAD) recorded revenue of $26.6 million, up 1.3% compared to the same period last year. The Company's optical segment, which now includes the Native Eyewear business, had a third quarter sales increase of 39.8% to $12.3 million, compared to the same period last year. This increase was driven both by continued strong growth for the Costa Del Mar brand as well as the contribution from Native...
Source: Health Business Week (2008-11-07)
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