Boss Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 24, 2022
January 30, 2023 at 12:06 pm EST
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Boss Holdings, Inc. reported earnings results for the third quarter and nine months ended September 24, 2022. For the third quarter, the company reported sales was USD 15.5 million compared to USD 15.57 million a year ago. Net loss was USD 0.943 million compared to net income of USD 0.176 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. Basic loss per share was USD 0.48 compared to basic earnings per share of USD 0.09 a year ago.
For the nine months, sales was USD 46.87 million compared to USD 44.58 million a year ago. Net loss was USD 2.85 million compared to net income of USD 6.97 million a year ago. Basic loss per share from continuing operations was USD 1.91 compared to basic earnings per share from continuing operations of USD 3.51 a year ago. Basic loss per share was USD 1.91 compared to basic earnings per share of USD 3.5 a year ago.
Boss Holdings, Inc. is engaged in the importing, marketing and distribution of pet supplies and cell phone accessories, as well as custom imprinting of inflatable and other products for the advertising specialties industry. The Company operates through three segments: Boss Pet Products, Inc. (Boss Pet), Galaxy Balloons, Incorporated (Galaxy Balloons) and Aries Manufacturing. The Boss Pet segment distributes a range of pet products, and pet grooming tools and supplies to professional groomers, boarders, veterinarians and consumers through its Website and catalogs, as well as wholesale distribution to retailers. The Galaxy Balloons segment is a custom imprinter and wholesale distributor of promotional and specialty products. The Aries Manufacturing segment is a wholesale distributor of cell phone accessories. The Company sells its products primarily through distributors and manufacturerâs representatives and by direct marketing to consumers through an e-commerce Website.
BOSS HOLDINGS, INC. 
