Sport-Haley, Inc. reported a 25% increase in net sales for the third fiscal quarter to $5.3 million from $4.2 million last year. The company did not ship any Top-Flite branded apparel during the third quarter.
The net loss for the quarter was $218,000, widening by 15% from a loss of $190,000 last year. Diluted earnings per common share were a loss of 9 cents for the quarter, expanding from a loss of 7 cents per share in the year-ago period.