True Religion Apparel Reports 2007 Fourth Quarter and Full-Year Financial Results
- By Maxamillion Blick
- Published 04/30/2008
Maxamillion Blick
Fashion Industry Ghost Writer ... Freelance writer for the Apparel Search Company. A contributor as well as inspiration to Apparel Search. My goal is to make the Fashion Newspaper a leading resource for locating fashion news on the internet.
If you have a fashion press release, please submit your news at the Apparel Search site or you can post news directly at the Fashion Newspaper site by becoming an author.
A bit of financial news from True Religion
Full Year 2007 Net Sales of $173.3 million, an increase of 23.3% from $140.5 million in 2006 –
– Full Year 2007 Net Sales of $173.3 million exceed annual goal of $167.0 million –
– Full Year 2007 Net Income grew 28.0% to $27.8 million from $21.
– Record Q4 07 Net Sales of $52.7 million, an increase of 73.5% from $30.4 million in Q4 06 –
– Q4 07 Gross Margin expands to 57.2% from 54.6% in Q4 06 –
– Operating Margin grows to 27.9% in Q4 07 from 18.9% in Q4 06 –
– Q1 Results to be announced on May 8 –
