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Everlast Profits Plummet in 3rd Qtr.

2003-11-21
 Everlast Worldwide''s move out of the Bronx drove up costs and pushed net income for the marketer of sporting goods and apparel down 88.6 percent in the third quarter.

For the three months ended Sept. 30, Everlast, based here, said income plummeted to $104,208, or 3 cents a share, compared to income of $912,000 million, or 12 cents. However, when excluding the costs associated with closing its its Bronx factory and laying off 100 people, income was $300,000, or 10 cents.

 
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