Ashworth’s net income declined by 9 percent to $4,675,000 during...

2006-06-14T00:00:00

Ashworth’s net income declined by 9 percent to $4,675,000 during the quarter ended April 30 on 2 percent higher revenues of $66,020,000. Operating income was off by 5 percent to $8,373,000, although gross margins improved by 190 basis points to 45.3 percent. European sales continued to grow, contributing to a ...

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