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McRae Industries, Inc Reports Earnings For The Third Quarter And First Nine Months Of Fiscal 2021

McRae Industries, Inc Reports Earnings For The Third Quarter And First Nine Months Of Fiscal 2021
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McRae Industries, Inc Government Contract Awarded

Share this article MOUNT GILEAD, N.C., April 1, 2021 /PRNewswire/   McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) McRae Footwear, a division of McRae Industries has been awarded a contract for Marine Corps temperate weather combat boots by the United States Government Defense Logistics Agency Troop Support.  This contract is for a base year and four option years with the following maximum dollar value.  Base year $6,213,060.00, Option I $6,306,300.00, Option II $6,400,800.00, Option III $6,496,560.00, Option IV $6,594,210.00 for a total of $32,010,930.00. The first delivery is scheduled for 120 days after contract award date.            

McRae Industries, Inc Dividend Declared

Share this article Share this article MOUNT GILEAD, N.C., March 4, 2021 /PRNewswire/ McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) declared a dividend of $.13 per share on the Company s Class A and Class B Common Stock payable on March 31, 2021 to shareholders of record on March 17, 2021. SOURCE McRae Industries, Inc.

McRae Industries, Inc Reports Earnings For The First Quarter Of Fiscal 2021

Share this article MOUNT GILEAD, N.C., Dec. 14, 2020 /PRNewswire/ McRae Industries, Inc. (Pink Sheets:  MCRAA and MCRAB) reported consolidated net revenues for the first quarter of fiscal 2021 of $18,939,000 as compared to $22,674,000 for the first quarter of fiscal 2020.  Net earnings for the first quarter of fiscal 2021 amounted to $494,000, or $0.21 per diluted Class A common share as compared to $992,000, or $0.42 per diluted Class A common share, for the first quarter of fiscal 2020.   FIRST QUARTER FISCAL 2021 COMPARED TO FIRST QUARTER FISCAL 2020 Consolidated net revenues totaled $18.9 million for the first quarter of fiscal 2021 as compared to $22.7 million for the first quarter of fiscal 2020. Sales related to our western/lifestyle boot products for the first quarter of fiscal 2021 totaled $12.1 million as compared to $13.9 million for the first quarter of fiscal 2020.  This 13% decrease can be attributed to the effects of the coronavirus pandemic.  Revenues from

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