The Vermont Teddy Bear Co. Inc. reported a loss of $182,000 for the third quarter, down from a profit of $39,000 for the same period last year.
Revenue for the fiscal period, which ended Sept. 30, slipped to $4.91 million from $4.94 million in the comparable 2000 quarter.
The gift direct and online marketer attributed its $23,000 revenue decrease to a significant fall off in sales during the weeks following the Sept. 11 terrorist attacks.
The company is headquartered in Shelburne, VT.
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