BUSINESS
April 18, 2001
L.L. Knickerbocker Co. Inc., a Lake Forest marketer of collectibles, jewelry, toys and gifts, reported a fourth-quarter net loss of $3.6 million, or 8 cents a share, compared with a year-earlier net loss of $6.7 million, or 15 cents a share. The most recent fourth-quarter loss included $2 million for writing down goodwill and property, as well as $282,000 in professional fees related to the company's bankruptcy. Sales declined 19% to $8.1 million. For the year, the company posted a loss of $3.
BUSINESS
November 14, 2000
L.L. Knickerbocker Co. Inc., a Lake Forest collectibles, gifts, toy and jewelry company, said it earned $2.3 million, or 5 cents a share, for the third quarter, contrasted with a net loss of $1.2 million, or 3 cents a share, a year ago. Sales dropped 32% to $6.3 million. The company is in a Chapter 11 bankruptcy reorganization.
BUSINESS
August 11, 2000
L.L. Knickerbocker Co. Inc., a Lake Forest marketer of collectibles, jewelry, toys and gifts, narrowed its second-quarter loss to $671,000, or 1 cent a share, from $1.1 million, or 4 cents a share, for the same period a year ago. The loss for the recent quarter included $312,000 for a number of items, including professional fees related to the company's bankruptcy proceedings. Sales declined 34% to $8.8 million.
BUSINESS
May 16, 2000
L.L. Knickerbocker Co. Inc., Lake Forest marketer of collectibles, jewelry, toys and gifts, said its first-quarter net loss narrowed to $1.4 million, or 3 cents a share, from $2.3 million, or 9 cents a share, for the prior-year period. Sales dropped 24% to $7.2 million. The company attributed the decline primarily to the sale of one of its mail-order collectible doll brands and a decrease in catalog doll sales. Knickerbocker is in the midst of a Chapter 11 bankruptcy reorganization.
BUSINESS
December 7, 1999 | Leslie Earnest
Almost four months after three Taiwanese creditors forced L.L. Knickerbocker Co. Inc. into bankruptcy, the celebrity doll marketer said Monday it has converted the proceeding into a voluntary Chapter 11 reorganization. The Lake Forest company said in a press release that it will file a reorganization plan that, if approved by creditors and the court, would allow Knickerbocker to emerge from bankruptcy "revitalized."
BUSINESS
November 16, 1999
The Lake Forest seller of collectible gifts, toy-related merchandise and jewelry said it lost $1.2 million, or 3 cents a share, in the third quarter, compared with a net loss of $1.7 million, or 9 cents a share, for the like period last year. Revenue fell 41% to $9.3 million. The company attributed the sales decline primarily to short-term liquidity problems and production delays resulting from an involuntary bankruptcy petition filed against it in August by three Asian creditors.