K-Swiss Credits Core Products for Profit Jump
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K-Swiss Inc., a Chatsworth marketer of athletic shoes, reported that its earnings jumped 28% in the first quarter because of sales growth in most of its core product lines.
The company’s $3.45-million profit in the three months that ended March 31 was in contrast with a $2.69-million profit a year earlier.
K-Swiss’ revenue rose 19% in the quarter, to $43.6 million from $36.7 million in the first three months of 1992.
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