McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL 2024
MCRAE INDUS INC A (MCRAA)
NASDAQ:AMEX Investor Relations:
mcraeindustries.com/investors.php
Company Research
Source: PR Newswire
MOUNT GILEAD, N.C., June 12, 2024 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) reported consolidated net revenues for the third quarter of fiscal 2024 of $29,436,000 as compared to $31,508,000 for the third quarter of fiscal 2023. Net earnings for the third quarter of fiscal 2024 amounted to $2,051,000, or $0.91 per diluted Class A common share as compared to $2,084,000, or $0.92 per diluted Class A common share, for the third quarter of fiscal 2023.Consolidated net revenues for the first nine months of fiscal 2024 totaled $88,077,000 as compared to $96,060,000 for the first nine months of fiscal 2023. Net earnings for the first nine months of fiscal 2024 amounted to $6,909,000, or $3.06 per diluted Class A common share, as compared to net earnings of $6,670,000, or $2.94 per diluted Class A common share, for the first nine months of fiscal 2023.THIRD QUARTER FISCAL 2024 COMPARED TO THIRD QUARTER FISCAL 2023Consolidated net revenues totaled $29.4 million for t
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