Lacrosse’S Bottom Line Suffers From Retail Slump

LaCrosse Footwear saw sales climb by 1.2 percent to $40.8 million for the third quarter, but net income went the other direction, falling by 21.4 percent to $2.2 million. The overall gross margin was down by 0.6 percentage points to 38.6 percent as the proportion of military sales increased.

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