May 11, 2000–Kasper A.S.L., Ltd. (Nasdaq:KASP) today reported financial results for the first quarter ended April 1, 2000. Revenue for the first quarter of fiscal 2000 rose 12.8% to $111.2 million from $98.5 million a year ago. Gross profit as a percent of total revenues increased to 33.8% for the quarter from 32.

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