CSS Industries: Fiscal 2Q Earnings Snapshot
PLYMOUTH MEETING, Pa. (AP) _ CSS Industries Inc. (CSS) on Thursday reported fiscal second-quarter net income of $3.5 million, after reporting a loss in the same period a year earlier.
The Plymouth Meeting, Pennsylvania-based company said it had profit of 39 cents per share. Earnings, adjusted for non-recurring costs, were 59 cents per share.
The maker of gift wrap, gift bags and greeting cards posted revenue of $96 million in the period.
CSS Industries expects full-year revenue in the range of $346 million to $352 million.
In the final minutes of trading on Thursday, the company’s shares hit $4.42. A year ago, they were trading at $11.87.