Royal Appliance Announces Results for Second Quarter of 2001
Net income for the six month period was $1.5 million, compared to a net loss of $425,000 in the comparable period for 2000. The company's net loss of $708,000 for the quarter was lower than the net loss of $1.5 million for the comparable period in 2000.
Royal Appliance Mfg. Co. develops, assembles and markets vacuum cleaners and other cleaning appliances for home and commercial use under the Dirt Devil and Royal brand names.