R.G. Barry Corp. reported Tuesday increases in second-quarter sales and earnings.
The firm, which owns the Dearfoams brand of accessories, said net earnings rose 36 percent to $8.2 million, or 74 cents a diluted share, from $6.1 million, or 56 cents, the prior year.
Net sales totaled $55.6 million, from $48.9 million a year ago.
“Our year-over-year, double-digit net sales increase and higher profitability stem from the strong sell-through we experienced across most retail channels during our first half,” Greg Tunney, president and CEO of R.G. Barry, said in a written statement. “We take great pride in the fact that this healthy performance is being measured against our results from the equivalent period last year, which were among the best reported in our sector. We view today’s results as a reaffirmation of the ability of our business model to adapt and perform well, even during uncertain economic times.”