Mace(R) Security International, a Global Leader in Personal Self-Defense Sprays, Announces Preliminary 3Q24 Financial Results and Notification of Late Filing [Yahoo! Finance]
MACE SECURITY INTL INC (MACE)
US:NASDAQ Investor Relations:
corp.mace.com/investor-relations/investor-information
Company Research
Source: Yahoo! Finance
Statements and Notes and 2024 Q3 OTCQB Quarterly Report cannot be filed within the prescribed date because the Company requires additional time to prepare its financial statements and quarterly reports. The Company anticipates filing these two reports before the end of the cure period under the OTCQB Standards on December 30, 2024. The Company presents its preliminary third quarter 2024 financial results for the period ended September 30, 2024. Third Quarter 2024 Preliminary Data The Company's net sales for the third quarter of 2024 were $1,411,000, down (6%) versus the like period in 2023. The decrease vs prior year is mostly the result of the impact of the loss of two larger retail customers in 2024, partially offset by nominal increases in sales in certain market segments. Gross profit rate is estimated to be 23.1% in Q3 2024 and was 30% 2023. The modifications implemented to the Company's operational cost structure in 2023 led to an approximate 29% reduction in four-wall man
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News
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