Talon International, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017
August 10, 2017 at 04:15 pm EDT
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Talon International, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported net sales of $12,885,747 against $14,454,889 a year ago. Income from operations was $1,118,588 against $1,803,018 a year ago. Income before provision for income taxes was $961,846 against $1,647,257 a year ago. Net income was $604,203 or $0.01 per basic and diluted share against $957,698 or $0.01 per basic and diluted share a year ago.
For the six months, the company reported net sales of $24,003,281 against $25,719,521 a year ago. Income from operations was $1,300,447 against $2,038,433 a year ago. Income before provision for income taxes was $989,779 against $1,732,025 a year ago. Net income was $609,741 or $0.01 per basic and diluted share against $1,006,815 or $0.01 per basic and diluted share 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. 
