Everlast posts strong Q2 results

09/08/2007


US
manufacturer and licensor of sporting goods, apparel, and footwear Everlast Worldwide Inc. has posted strong financial results for the second quarter.

Net revenues increased 24% to $12.2 million, up from $9.8 million in the same period in the previous year, boosted by a 28% increase in sporting goods sales to a record $8.7 million. Operating income grew 36% to $2.1 million versus a year-ago level of $1.6 million.