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RAWLINGS REPORTS CONSECUTIVE YEAR-END LOSSES
Published January 7, 1998
MO-based Rawlings Sporting Goods lost $663,000 in the quarter that ended November 30, compared with a loss of $58,000 in the same period a year ago, according to the ST. LOUIS POST-DISPATCH. The loss, "linked, in part, to an unidentified customer's decision to delay taking shipment of baseball products," amounted to $0.09 a share. The company also took a $.04 a share charge for expenses related to the departure of CEO Carl Shields (POST-DISPATCH, 1/6).