Angelica Corporation
Angelica Corporation (NYSE: AGL) announced improved results for the third quarter and three quarters ended October 28, 2000. For the third quarter, earnings of $.23 per share were more than three times the $.07 per share earned in the third quarter last year. For the first three quarters of this fiscal year, earnings of $.62 per share increased 21.6 per cent compared with $.51 for the same period last year and also exceeded last year's full-year earnings of $.61 per share. Combined sales and textile service revenues were $116,933,000 in the third quarter, an increase of 0.3 per cent and the first quarterly increase since the first quarter of fiscal 1999.

Jos. A. Bank Clothiers
Jos. A. Bank Clothiers, Inc (Nasdaq:JOSB - news) announced that earnings per share for the third quarter ended October 28, 2000 (fiscal 2000) increased to $.07 per share compared to a loss of $.03 per share in the third quarter last year. These results represent the fourth consecutive quarter of dramatically improved results for the company. For the nine month period ended October 28, 2000, earnings were $.33 per share, and were triple the recurring earnings per share for the nine months ended October 30, 1999. For the trailing 12 months ended October 28, 2000, recurring earnings per share have increased approximately 60 per cent versus the comparable 12 month period ended October 30, 1999. For the quarter ended October 28, 2000, total sales increased 1 per cent to $44.0m compared to $43.7m in the same period in 1999. Comparable store sales increased 2 per cent for the third quarter of 2000, while e-commerce sales increased 156 per cent and catalog sales decreased 12 percent. For the nine months ended October 28, 2000, total sales increased 3 per cent to $135.3m from $131.5m in the same period in 1999. Comparable store sales increased 3 per cent for the nine months ended October 28, 2000, while e-commerce sales increased 219 per cent and catalog sales decreased 10 per cent.

Carlyle Industries
Carlyle Industries, Inc (OTCBB:CRLH - news) announced sales and earnings for the third quarter and nine months ended September 30. Sales in both reporting periods were approximately even with last year. Sales of $8.2m in the quarter compared with $8.1m in the third quarter of 1999, and sales of $21.4m for the nine months compared with $21.6m in 1999. Comparisons of net income applicable to common stockholders were sharply affected by a non-recurring gain on a preferred stock redemption in 1999. Net income of $384,000 for the quarter and $800,000 for the year-to-date compared to last year's $3.4m in the third quarter and $4.5m for the nine months.

Converse
Converse Inc (OTCBB:CVEO - news) announced financial results for its third quarter ended September 30, 2000. Net revenue for the third quarter of fiscal 2000 was $53.6m, down 13.1 per cent from last year's third quarter of $61.7m. Excluding $4.6m of net revenue in the third quarter of 1999 relating to the conversion of wholly-owned foreign operations into licensing arrangements, net revenue declined 6.1 per cent for the third quarter of 2000. Net revenue in the US increased 12.0 per cent to $41.2m in the third quarter of 2000 compared to $36.8m for the third quarter of 1999. International net revenue decreased 50.2 per cent to $12.4m for third quarter of 2000 from $24.9m for the third quarter of 1999. For the nine month period ended September 30, 2000, net revenue was $162.5m compared to $191.0m for the nine months ended October 2, 1999, a decrease of 14.9 per cent. Excluding $14.6m of net revenue recorded for the nine months of 1999 relating to the conversion of wholly-owned foreign operations into licensing arrangements, net revenue declined 7.9 per cent for the nine months of 2000. Net revenue in the US increased 8.8 per cent to $115.1m for the nine months of 2000 compared to $105.8m for the nine months of 1999. International net revenue declined 44.4 per cent to $47.4m for the nine months of 2000 from $85.2m for the nine months of 1999.

Donnkenny, Inc
Donnkenny, Inc (Nasdaq: DNKY - news) reported that net sales for the third quarter were $39.7m, as compared to $45.0m reported for last year's third quarter. Gross margin as a percentage of sales was 20.0 per cent in the third quarter of fiscal 2000 as compared to 20.4 per cent in fiscal 1999. Selling, general and administrative expenses were reduced by $1.0m from $7.8m, or 17.3 per cent of net sales in the third quarter of fiscal 1999, to $6.8m, or 17.1 per cent of net sales in the third quarter of fiscal 2000. Excluding the $0.5m reversal of a provision for the settlement of litigation taken in the third quarter of fiscal 1999, operating income was $0.8m in the third quarter of fiscal 2000 as compared to $1.1m in the third quarter of fiscal 1999. Net loss for the third fiscal quarter of 2000 amounted to $0.5m or $0.11 loss per diluted share as compared to net income of $0.6m or $0.17 per diluted share for the same period a year ago. The average number of common shares and common stock equivalents for purposes of computing diluted earnings per share were 4,277,700 compared to 3,624,900 for the comparable period in 1999. Per share calculations take into account a one-for-four reverse stock spilt effective April 20, 2000. For the nine months ended September 30, 2000, net sales were $109.8m, as compared to $130.7m reported for its nine month period ended September 30, 1999. Net loss decreased from $6.7m or $1.87 per diluted share to $6.2 or $1.63 per diluted share for the nine months ended September 30, 2000 as compared to the same period last year.

Guilford Mills
Guilford Mills, Inc (NYSE: GFD - news) announced operating results for the company's fourth quarter ended October 1, 2000 and other items referred to below. Sales of $814,226,000 for fiscal year 2000 were lower than the $856,838,000 reported for the prior year. The net loss for fiscal 2000 was $20,974,000 or $1.11 per diluted share compared to last year's net income of $10,230,000 or $0.47 per diluted share. Fourth quarter sales of $184,957,000 were lower than the $205,732,000 reported for the fourth quarter of the prior year. The company incurred a net loss of $24,178,000 or $1.28 per diluted share compared to net income of $2,181,000 or $0.11 per diluted share for the comparable quarter of the prior year. Fiscal 2000 apparel segment sales were down 13.1 per cent overall from the prior fiscal year and continued to be impacted by fierce foreign competition. Home Fashions and Other (comprised of industrial and specialty fabrics and fibers) segment sales also declined for the year primarily as the result of exiting the cotton sheeting business and lower hook and loop closure business. These year over year decreases were partially offset by a 5.3 per cent increase in the Automotive segment sales for the year, driven by the strong domestic market and Guilford's continued market penetration.

Hampton Industries
Hampton Industries, Inc. (Amex: HAI - news), a leading marketer and manufacturer of sportswear, activewear and sleepwear, reported net sales of $54,977,000 for the third quarter ended September 30, 2000 versus $50,170,000 in the comparable period in 1999. The net loss was $862,000, or $.16 per diluted share, for the quarter ended September 30, 2000 as compared to net loss of $792,000 or $.14 per diluted share, in the prior year's quarter. For the nine months ended September 30, 2000 the Company recorded net sales of $130,545,000 versus $118,020,000 in 1999. The net loss was $6,096,000 or $1.10 per diluted share, as compared to a net loss of $3,031,000 or $.55 per diluted share, in the prior year.

Limited Inc
Limited Inc (NYSE:LTD), boosted by strong sales at its Express division, reported profits soared 19 per cent in the third quarter, matching Wall Street estimates. The apparel retailer said it earned $49.23m, or 11 cents per share, in the three months ended October 28. That was up from $41.4m, or 9 cents per share, for the year-ago period. Sales in the third quarter increased 7 per cent to $2.17bn, from $2.02bn a year ago. The results were adjusted to reflect the company's spinoff of girls' clothing chain Too Inc. (NYSE:TOO) and its sale of its 60 per cent interest in Galyan's Trading Co., both occurring in 1999.

Marisa Christina
Marisa Christina, Incorporated (Nasdaq: MRSA - news) today reported results for the third quarter ended September 30, 2000. Operating earnings for the third quarter of 2000 were $1.5m compared with $0.7m in the comparable quarter of 1999, an increase of 110.8 per cent. Net sales for the third quarter of 2000 were $19.0m compared with $20.4m in the comparable quarter of 1999. The third quarter of 1999 net sales include $3.1m from the Adrienne Vittadini division, which was sold September 1999. Excluding sales of the Adrienne Vittadini division, sales grew by 9.2 per cent as the result of a 32.4 per cent increase in sales by the Marisa Christina division. For the first three quarters of 2000 the sales were $45.7m compared with $45.4m in the first three quarters of 1999. The first nine months of 1999 net sales include $8.0m from the Adrienne Vittadini division, which was sold September 1999. Excluding sales of the Adrienne Vittadini division, sales grew by 22.3 per cent as the result of a 39.8 per cent increase in sales by the Marisa Christina division.

May Department Stores
The May Department Stores Company (NYSE: MAY) announced that its board of directors declared a regular quarterly dividend of $.23-1/4 per share of common stock, payable on December 15, 2000 to shareowners of record December 1, 2000.

Men's Wearhouse
The Men's Wearhouse (NYSE:MW - news) today announced results for the third quarter which ended October 28, 2000. For the quarter, net earnings increased 31.1 per cent to $17.0m, or $.40 of diluted earnings per share, versus net earnings of $13.0m, or $.31 of diluted earnings per share, in the same period a year ago. For the year to date, net earnings increased 26.4 per cent to $46.4m, or $1.10 of diluted earnings per share, versus pro forma net earnings of $36.7m, or $.86 of diluted earnings per share, in the same period a year ago. Consolidated sales (excluding sales from its closed C&R stores, US-based Moores stores and Suitmax stores) for the third quarter and the year to date ended October 28, 2000 increased 12.6 per cent and 13.8 per cent, respectively, over the prior comparable periods. Including sales from those closed stores, reported consolidated sales for the third quarter and the year to date ended October 28, 2000 increased 11.5 per cent to $304.2m (versus $272.8m in the prior comparable period) and 12.5 per cent to $886.6m (versus $788.3m in the prior comparable period), respectively. Comparable U.S. store sales for the third quarter ended October 28, 2000 increased 5.0 per cent versus a 10.7 per cent increase for the third quarter ended October 30, 1999. Year to date 2000 comparable store sales increased 5.5 per cent compared with an increase of 8.0 per cent for year to date 1999.

Mossimo, Inc
Mossimo, Inc. (OTCBB:MGX.OB - news) announced financial results for the fiscal quarter ended September 30, 2000. Net sales for the quarter decreased to $32,000, compared to $20,322,000 for the third quarter of fiscal 1999. The Company reported a net loss of $720,000 versus net income of $1,041,000 in the same period last year, and a diluted earnings per share loss of $0.05 versus diluted earnings per share of $0.07 in the third quarter of fiscal 1999. For the nine-month period ended September 30, 2000, net sales were $24,150,000 versus $40,009,000 for the same period last year. Net loss for the first nine months of fiscal 2000 was $12,560,000, or $0.83 per diluted share, compared to a net loss of $5,985,000, or $0.40 per diluted share, in the first nine months of fiscal 1999.

Raven Industries
Raven Industries, Inc (Nasdaq: RAVN - news) reported that its board of directors has approved its regular quarterly cash dividend of 18 cents per common share, payable January 12, 2001, to shareholders of record on December 22, 2000.

Speizman Industries
Speizman Industries (Nasdaq: SPZN - news) today reported a net loss in its first quarter ended September 30, 2000 of $1,783,658 or $0.55 per share, both basic and diluted. This compares to a net income in the same period of the previous year of $392,775 or $0.12 per share, both basic and diluted. Revenues for the first quarter were $20.9m, a decrease of approximately $6.7m as compared to the same quarter of the previous year. The revenue decrease was primarily due to reduced sales of knitted fabric equipment in the textile segment. Knitted fabric equipment includes the Santoni line for producing ladies' seamless fabric. This decrease is largely due to reduced market demand in this category.

Stage II Apparel Corp
Stage II Apparel Corp (AMEX: SA - news), a manufacturer of proprietary and licensed brandname casual apparel, activewear and collection sportswear for men and boys, announced results for the third quarter and for the nine months ended September 30, 2000. For the quarter ended September 30, 2000, Stage II reported net sales of $2.4m, a decrease of 29.9 per cent from $3.4m in net sales for the third quarter of 1999. The decline was due primarily to overall weakness in the company's segment of the apparel market. The company recognised a net loss of $148,000 or $(.04) per share in the third quarter this year compared to net income of $6,000 or $.00 per share in the same quarter of 1999. For the nine months ended September 30, 2000, the company recognised a net loss of $91,000 or $(.02) per share on net sales of $8.1m, compared to net income of $44,000 or $.01 per share on sales of $7.3m in the corresponding period in 1999.

Tag-It Pacific, Inc
Tag-It Pacific, Inc (AMEX:TAG - news), the single-source provider of trim to the apparel industry, reported record results for the third quarter of 2000. Results were driven by the Tag-It-Turnkey(TM) business-to-business e-commerce platform and the successful integration of the Talon business. Tag-It Pacific's third quarter sales increased 71 per cent to $17.5m versus the year-ago level of $10.2m. The revenue increase was due to two factors: increased acceptance of the company's business-to-business e-commerce system, Tag-It Turnkey and the successful integration of the Talon branded trim business. Tag-It Turnkey is a single-source e-commerce trim solution that consolidates functions that would normally require a large number of vendors.

Talbots
The Talbots, Inc. (NYSE: TLB - news) announced results for the third quarter ended October 28, 2000. Net income was $34.9m, a 75 per cent increase over the $20.0m in net income reported for the same period last year. Earnings per share increased 74 per cent to $0.54 per diluted share, compared to $0.31 per diluted share reported last year, and reflect the company's two-for-one stock split effected November 7, 2000. Total company sales for the quarter rose 23 per cent to $391.7m compared to $317.3m last year. Retail store sales increased 22 per cent to $331.4m from $271.4m in the same period in fiscal 1999. Included in retail store sales was an increase in comparable store sales of 21.0 per cent, versus an increase of 14.8 per cent last year. Catalog sales rose 31 per cent to $60.3m from $45.9m last year. For the 39-week period, net income increased 90 per cent to $82.2m, compared to the $43.2m earned in the same 39-week period in fiscal 1999. Earnings per share increased 90 per cent to $1.29 per diluted share, compared to $0.68 per diluted share last year. Total company sales increased 21 per cent to $1,106.1m versus $915.3m last year. Retail store sales were up 20 per cent to $938.3m from $779.0m last year. Included in retail store sales was an increase in comparable store sales of 17.6 per cent. Catalog sales rose 23 per cent to $167.8m from $136.3m last year.

Tice Technology
Tice Technology, Inc (OTC BB: TICE - news; OTC BB: TICEW - news) reported the results of operations for its second quarter ending September 30, 2000 of fiscal year 2001. The company showed a net loss for the quarter of $389,880, or $0.04 per diluted share, compared to a net loss of $289,304, or $0.03 per diluted share, in the previous period. Revenues for the period were $182,356, up 108 per cent from $87,687 in the same period of the previous year. For the six months ended September 30, 2000, the company reported a net loss of $756,316, or $0.08 per diluted share, compared to a net loss of $465,569, or $0.06 per diluted share in the same period of the previous year. Revenues for the six months were $353,011, up 62 per cent from $218,155 in the same period of the previous year. The revenue increase during the six months was primarily due to increased sales of the company's traditional product line and increased royalties from Brother - the company's licensee - a reflection of increased sales of products manufactured by the licensee using Tice's patented Electronic Gearing Technology.

The TJX Companies, Inc
The TJX Companies, Inc (NYSE:TJX - news), the leading off-price retailer of apparel and home fashions in the US and worldwide, today announced results for its third quarter ended October 28, 2000. Net income was $158m and diluted earnings per share were $.56, a 17 per cent increase over last year's $.48 per share. Net sales for the third quarter increased 10 per cent to $2.5 billion, with consolidated comparable store sales up 3 per cent. For the first nine months of fiscal 2001, net income was $403m and diluted earnings per share were $1.38, 13 per cent greater than $1.22 per share last year. Last year's $1.22 per share is before the one-time cumulative charge for the accounting change for layaway sales. Net sales for the nine month period reached $6.8 billion, a 9 per cent increase over $6.3 billion last year.

Track 'n Trail
Track 'n Trail (NASDAQ: TKTL - news) reported net sales for the quarter ended September 30, 2000 of $25.3m versus $29.7m reported for the same period in 1999. Comparable store sales for the third quarter increased 0.4 per cent. Net loss for the third quarter was $153,000, or ($0.02) per diluted share, as compared to a net loss of $509,000 or ($0.07) per diluted share, for the comparable quarter in 1999. Diluted shares outstanding during the third quarter of 2000 were 7,167,000 compared to 6,889,000 in third quarter of 1999. The Company also reported net sales for the first nine months of fiscal 2000 of $71.8m versus $81.3m for the corresponding period in fiscal 1999. Comparable store sales for the first nine months of fiscal 2000 declined 0.7 per cent. Net loss for the nine-month period ended September 30, 2000 was $737,000, or ($0.10) per diluted share, compared to a net loss of $2.1m, or ($0.30) per diluted share, for the nine months ended September 25, 1999. The number of diluted shares outstanding for the nine months ended September 30, 2000 was 7,134,000 compared to 6,873,000 for the nine months ended September 25, 1999.

Wilsons The Leather Experts
Wilsons The Leather Experts Inc (Nasdaq: WLSN - news) reported a third quarter net loss of $2.4m, or $0.14 per basic and diluted share, compared to a net loss of $2.1m, or $0.12 per basic and diluted share, last year. The 1999 loss was before an extraordinary charge of $0.01 per share related to the early extinguishment of debt. Sales for the third quarter ended October 28, 2000 increased 11.2 per cent to $108.6m from $97.7m last year. Third quarter comparable store sales increased 1.0 per cent on top of an 11.8 per cent increase last year. Gross margin for the third quarter increased to 33.9 per cent compared to 33.8 per cent last year. Selling, general and administrative expenses were 33.2 per cent of sales compared to 33.5 per cent last year. For the nine months ended October 28, 2000, net loss before extraordinary charge improved to $18.5m, or $1.11 per basic and diluted share, from a net loss of $18.7m, or $1.15 per basic and diluted share, a year ago. The 2000 loss is before an extraordinary charge of $0.04 per share for early extinguishment of debt. The 1999 loss was before extraordinary and one-time charges of $0.05 per share for the early extinguishment of debt and $0.09 per share for the cumulative effect of the change in accounting principle. Sales increased 12.9 per cent to $255.5m from $226.3m last year and comparable store sales for the first nine months increased 4.5 per cent on top of a 10.5 per cent increase last year.