Css Industries, Inc. Reports Earnings Results for the Second Quarter Ended September 30, 2019
November 14, 2019 at 04:54 pm EST
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CSS Industries, Inc. announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was USD 95.974 million compared to USD 112.901 million a year ago. Operating income was USD 3.539 million compared to operating loss of USD 5.794 million a year ago. Net income was USD 3.482 million compared to net loss of USD 4.910 million a year ago. Basic earnings per share was USD 0.39 compared to basic loss per share of USD 0.54 a year ago. For the half year, sales was USD 153.511 million compared to USD 177.028 million a year ago. Operating loss was USD 9.456 million compared to USD 24.466 million a year ago. Net loss was USD 10.766 million compared to USD 23.386 million a year ago. Basic loss per share was USD 1.22 compared to USD 2.57 a year ago.
CSS Industries, Inc. is a United States-based consumer products company. The Company is engaged in development, manufacture, procurement, distribution and sale of various categories of products include seasonal, which includes holiday gift packaging items, such as ribbon, bows, greeting cards, bags, tags and gift card holders, in addition to specific holiday-themed decorations, accessories, and activities; gift, which includes products designed to celebrate certain life events or special occasions, such as weddings, birthdays, anniversaries, graduations, or the birth of a child, and its offered products include ribbons and bows, floral accessories, infant products, journals, gift card holders, all occasion boxed greeting cards, memory books, scrapbooks, stationery and other items; and craft, which includes sewing patterns, ribbons and trims, buttons, knitting needles, needle arts and kids crafts.
CSS INDUSTRIES, INC. 
