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In Brief: Tristar

This article was originally published in The Rose Sheet

Executive Summary

Tristar: Cites expenses relating to the firm's merger with Eurostar Perfumes in explaining its net loss of $1.4 mil. in the fourth quarter (ended Aug. 31) compared to a $270,000 loss the year before. Operating income rose 64.3% to $613,000 in the quarter, while sales decreased 3.2% to $12.3 mil., the firm says Nov. 6. Both the 1995 and restated 1994 figures include the effect of the Eurostar business -- Tristar merged with Eurostar on Aug. 31 ("The Rose Sheet" Sept. 11, In Brief). For the year, Tristar posted a net loss of $932,000, compared to net earnings of $1.4 mil. in fiscal 1994. Sales dropped 12.7% to $44.7 mil. for the twelve months...
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