Talon International, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017
November 14, 2017 at 04:15 pm EST
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Talon International, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported net sales of $9,788,577 compared to $10,856,283 a year ago. Income from operations was $99,034 compared to $228,642 a year ago. Loss before income taxes was $58,763 compared to income before income taxes of $71,398 a year ago. Net loss was $78,368 compared to net income of $20,695 a year ago.
For the nine months, the company reported net sales of $33,791,858 compared to $36,575,804 a year ago. Income from operations was $1,399,481 compared to $2,267,075 a year ago. Income before income taxes was $931,016 compared to $1,803,423 a year ago. Net income was $531,373 or $0.01 per basic and diluted share compared to $1,027,510 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. 
