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Bauer Performance Sports Q3 Loss Narrows

Bauer Performance Sports Ltd. (BAU.TO) reported a net loss for the third quarter of US$2.9 million or US$0.08 per share, compared to a net loss of US$7.5 million or US$0.25 per share for the year-ago quarter.

Excluding items, adjusted net loss for the third quarter was US$4.2 million or US$0.11 per share, compared to an adjusted net loss of US$4.4 million or US$0.14 per share in the prior year quarter.

Revenue for the third quarter rose 7% to US$54.9 million from US$51.5 million a year ago, due to strong growth in apparel across all apparel categories.

by RTTNews Staff Writer

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