McRae Industries, Inc. Reports Earnings Results for the Full Year Ended July 31, 2021
November 17, 2021
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McRae Industries, Inc. reported earnings results for the full year ended July 31, 2021. For the full year, the company reported sales was USD 82.19 million compared to USD 69.31 million a year ago. Net income was USD 3.35 million compared to net loss of USD 0.077 million a year ago. Diluted earnings per share from continuing operations was USD 1.46 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.
McRae Industries, Inc. is a manufacturer and distributor of childrenâs shoes. The Companyâs principal lines of business are manufacturing and selling military combat boots, western and work boots. The Company is involved in manufacturing, selling and distributing boot products targeted to the western/lifestyle and work boot markets. The Company also operates other smaller businesses. Its western/lifestyle boot segment, which includes western, ladiesâ fashion, and childrenâs footwear products under the Dan Post, Dingo, Eldorado, and Laredo brand names. Its work boot segment, which consists of Dan Post and Laredo work boots, as well as its military combat boots. McRae Footwear is a wholly owned division of the Company, which manufactures boots for the United States military. The Dingo offers boots and shoes from biker/harness styles to western fashion.
MCRAE INDUSTRIES, INC. 