Vermont Teddy Bear’s Revenue Increases

Gift purveyor Vermont Teddy Bear Co. reported net revenue of $5.1 million for the three months ended Sept. 30. This is an increase of 3.5% over the $4.9 million for the same period in 2001.

The net loss narrowed to $87,000, due to improved operating performance, according to the Shelburne, VT-based company. Last year