Summer Infant reports net loss of $2.2M in 2017, driven by tax act

SUMMER INFANT INC. reported a $2.2 million loss for 2017.
SUMMER INFANT INC. reported a $2.2 million loss for 2017.
WOONSOCKET – Summer Infant Inc., creator of infant and juvenile products, reported a $2.2 million loss in 2017, driven by a one-time $1.7 million non-cash charge due to the Tax Cuts and Jobs Act, compared with a net loss of $4.3 million in 2016. In results announced Tuesday, the company reported that revenue declined 2.3…
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