August 31, 1995 |
Rapidly moving L.L. Knickerbocker stock jumped more than 37% Wednesday in heavy trading on the eve of a 5-for-1 stock split. Traders said they were baffled by the latest price run-up, which came after a slump in which the company's stock lost about half of its value over seven days of hectic trading. The stock on Wednesday spurted $8.875 a share to $32.50. A total of 390,500 shares were traded, or 39% of the estimated shares in public hands.
August 1, 1995
L.L. Knickerbocker Co., which markets a line of celebrity dolls through home-shopping television channels, said Monday that its net income for the second quarter more than doubled to $147,969, or 6 cents a share. In last year's second quarter, the company earned $65,006, or 4 cents a share. Quarterly revenue rose 13% to $2.4 million this year from $2.1 million last year.
August 26, 1995 |
L.L. Knickerbocker stock lost nearly 24% of its value Friday in heavy trading, continuing a weeklong slide. The stock fell $8.75 a share to close at $28, with 429,100 shares changing hands on Nasdaq. In the last week, Knickerbocker stock has tumbled nearly 38% from its Aug. 18 close of $45. "The stock has been up a lot lately, but now people want to get out," one trader said.
December 29, 1995
L.L. Knickerbocker Co. has signed a $5-million agreement for Elite Resources Ltd. to distribute Knickerbocker's video series on modeling to established retailers or marketers. The company said Elite Resources will purchase a minimum of 180,000 sets of the video series over a 12-month period immediately following the initial purchase. The series, Secrets of Modeling A to Z, consists of five videotapes with a model's manual in a sealed master pack.
August 15, 1997
L.L. Knickerbocker Co., which markets collectibles, jewelry and accessories and consumer products, reported a loss of $561,000, or 3 cents a share, for the second quarter, contrasted with profit of $758,000, or 5 cents a share, a year earlier. The company said expenses increased primarily because of jewelry manufacturing operations purchased in 1996. Revenue more than doubled to $17.6 million from $7.4 million as the company's production increased.
August 11, 1999
The Lake Forest-based seller of collectibles narrowed its losses in the second quarter on flat revenue. The company said it lost $1.1 million, or 4 cents a share, for the three months, compared with a net loss of $2.7 million, or 14 cents a share for the same quarter last year. Revenue was virtually unchanged at $13.4 million.