Antigua Enterprises Inc. saw net sales increase 5.1% to $45.9 million for the year ended December 31 from $43.7 million in the prior year. Gross margins declined 50 basis points to 37.7% of sales from 38.2% of sales in the prior year. Net income slipped 11.5% to $2.1 million, or five cents per share, from $2.4 million, or six cents per share, in 2004.
