THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Wednesday, February 8, 1995 TAG: 9502080555
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 21 lines
Tultex Corp., a Martinsville-based manufacturer of activewear, said its fourth-quarter sales were $168.3 million, compared with $155.2 million for the fourth quarter of 1993.
Net income for the period was $9.5 million, or 31 cents per share, compared with $2.2 million, or 6 cents per share, for the same period in 1993.
The 1994 fourth-quarter net income included an after-tax gain of $2.7 million, or 9 cents per share, on the sale of a yarn facility. by CNB