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Blair Corp. Net Losses Widen

Blair Corp., the cataloger and retailer based in Warren, PA, reported a net loss of $3.3 million for the quarter ended Sept. 30., a sharp decline from a net loss of $773,477 for the same period last year. Net sales for the quarter increased to $123.1 million from $115.2 million reported for the third quarter ended Sept. 30, 2000. For the nine months ended Sept. 30, Blair posted net income of $1.9

Blair Corp., the cataloger and retailer based in Warren, PA, reported a net loss of $3.3 million for the quarter ended Sept. 30., a sharp decline from a net loss of $773,477 for the same period last year.

Net sales for the quarter increased to $123.1 million from $115.2 million reported for the third quarter ended Sept. 30, 2000.

For the nine months ended Sept. 30, Blair posted net income of $1.9 million, a massive drop from $14.5 million reported for the first nine months of last year.

Net sales for the period rose to a record $420.2 million from $402.3 million for the nine months of 2000.

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