Recall takes toll on RC2’s second quarter results
Toyco RC2 Corp has taken a good sock to the bottom line after a tumultuous quarter marred by a large product recall. Income from continuing operations for the Oak Brook, Illinois-based company dropped to US$2.4 million from US$8 million in the same quarter last year. And for the six months that ended June 30, 2007, earnings went from US$15.6 million to US$10.4 million this year.
August 2, 2007
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