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United States Of America : Jaclyn Slashes Q1 Loss, Sees Bright FY
2003-5-19 9:11:00
 Designer, manufacturer and marketer of apparel and handbags, Jaclyn Inc, on Thursday revealed it more than halved its first quarter net loss compared with the year-ago period despite a slight fall in sales.

The New Jersey-based firm, which bought children's clothing maker Topsville Inc last year, had a net loss of $213,000, or nine cents a share, versus $505,000, or 20 cents per share, in 2002. Sales fell to $20.8 million from $22m last year.
 
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