Summer Infant reports profit despite Toys R Us bankruptcy hit

SUMMER INFANT reported net income of $118,000 in the third quarter. The company was substantially impacted by the Toys R Us bankruptcy.
SUMMER INFANT reported net income of $118,000 in the third quarter. The company was substantially impacted by the Toys R Us bankruptcy.
WOONSOCKET – Summer Infant Inc. reported a profit of $118,000 for the third quarter, or 1 cent per diluted share, a turnaround from its $1.2 million loss the previous year, or 7 cents per diluted share, in a filing Wednesday. Net sales for the infant and juvenile products company increased $704,000 year over year to…
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