Talon International, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016
March 27, 2017 at 07:48 pm EDT
Share
Talon International, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported Net sales were $11,684,051 against net sales of $11,764,908 a year ago. Income from operations was $444,558 against income from operations of $630,219 a year ago. Income before provision for income taxes was $288,780 against income before provision for income taxes of $445,311 a year ago. Net loss was $32,632 against net income of $312,396 a year ago.
For the full year, the company reported Net sales were $48,259,855 against net sales of $48,352,699 a year ago. Income from operations was $2,711,633 against income from operations of $1,420,472 a year ago. Income before provision for income taxes was $2,092,203 against income before provision for income taxes of $772,988 a year ago. Net income was $994,878 against net income of $511,327 a year ago. Basic &diluted net income per share was $0.01 against basic &diluted net income per share of $0.01 a year ago.
Talon International, Inc. is an apparel company, which specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. The Company acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name. Its products include Zippers, Trim, Packaging, Adjustec and Bonding. The Zippers products include metal, coil, vintage, plastic, KidZip, and others. The Trim products include paper trims, labels, hardware, heat transfer and others. Its Adjustec products provide shirts, pockets, pants and proprietary. Its Packaging product provides boxes, bags and specialties. The Bonding products include seam sealing tape, overlay, adhesives and flex-it.
TALON INTERNATIONAL, INC. 
