LaCrosse Footwear, Inc. (Nasdaq:BOOT), a leading provider of premium, branded work and outdoor footwear for expert users, announced its preliminary, unaudited results for the quarter ended December 31, 2009.
For the fourth quarter of 2009, the Company expects to report net sales of approximately $42.5 million, up approximately 21% from the same period of 2008. For the full year 2009, net sales are expected to be approximately $139.2 million, up approximately 9% from 2008.
Sales for the fourth quarter of 2009 increased strongly in both the work and outdoor markets. Work sales are expected to be approximately $25.2 million for the quarter, up approximately 25% from the same period in 2008. Outdoor sales are expected to be approximately $17.3 million for the quarter, up approximately 16% from the same period in 2008.
At the end of 2009, LaCrosse had cash and cash equivalents of approximately $17.7 million, up approximately 30% from the end of 2008, even after making investments of $2.6 million in its new Midwest distribution center and paying dividends of $3.2 million to its shareholders during 2009.
Tags: dividends, LaCrosse Footwear, Sales, shareholders
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