Sales fell by 28 percent to $6.7 million in Heelys’...

Sales fell by 28 percent to $6.7 million in Heelys’ first quarter, ended March 31. The loss improved slightly to $1.2 million from a loss of $1.3 million in 2009. The gross margin was up by 11.2 percentage points to 47.9 percent. Combined cash and investments rose slightly over the ...

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