McClain Sales Down 34% in Third Quarter

McClain Industries Inc announced that sales for its fiscal third quarter were down 34% to $26,767,566 from $40,634,125 a year ago. The net loss was $169,886, or four cents a share, compared to a net income of $347,833 and a rise of eight cents a share.

For the year to date, sales fell 33% ($72,603,887, from $108,560,823 for the comparable period a year ago) and the net loss was $2,619,676, or 58 cents a share.

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