Heelys’ Sales Spike In 4th Quarter, But Plunge For The Year

2009-04-07T00:00:00

Suddenly reversing a serious downward trend, the wheeled-footwear company enjoyed a 59.2 percent jump in net sales to $15.6 million for the quarter ended Dec. 31. This helped narrow Heelys’ net loss to $5.24 million for the latest quarter from $5.92 million for the same period in 2007.

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