Sales crash 31% at apparel producer Jaclyn

Net sales for the three-month period ended May 31, 2012 were $28,497,000 compared to $41,501,000 for the three-month period ended May 31, 2011.

The Company reported a first quarter net loss of $879,000, or $.36 per diluted share, compared to a net loss of $404,000, or $.17 per diluted share, in last year's comparable quarter.

Jaclyn Inc. is a designer, manufacturer and marketer of apparel, women's sleepwear, infants' and children's apparel, handbags, premium incentives and related accessories.

Jaclyn Inc