Blair Corp. had net income of $5.6 million in first quarter 2002, a turnaround from the $231,946 net loss it reported one year ago. Its sales were $135.3 million, up slightly from $133.1 million.
The apparel and home products marketer had taken a one-time cost of $2.5 million as part of a voluntary separation program a year ago.
The company generated $12 million in e-commerce sales during the quarter, and expects to exceed the $35 million the channel generated during 2001 when the current year is completed. The quarter ended March 31.
Blair is based in Warren, PA.
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