Heelys loses ground in foreign markets

2011-08-24T00:00:00

Heelys' revenues fell by 5.7 percent to $8.3 million in the second quarter. They grew by 22.7 percent to $2.7 million in the U.S., but they were off by 15 percent in the rest of the world in spite of significantly higher sales in Italy and higher shipments to the ...

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