Heelys Will Stay Independent Despite A Big Sales Drop

Turnover at Heelys suffered another drop for the first quarter ended March 31, falling by 29.8 percent to $9.2 million compared with the same period in 2008. However, the company boosted its gross profit margin by 9.3 percentage points to 29.8 percent. The final result was a loss of $1.3 ...

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