Heelys’ Revenues Melt Down, New Competition Springs Up From Europe

2008-03-26T00:00:00

The American supplier of wheeled footwear had more bad news at the end of the fourth quarter, reporting a loss of $5.5 million as revenues fell by no less than 86 percent to a mere $9.8 million, compared with $71.1 million in the year-ago period. Heelys said that part of ...

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