Los Angeles County : L.A. Gear to Report on First Quarter
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From Times Staff Reports
L.A. Gear, the Santa Monica-based athletic footwear company striving for a financial turnaround, will release the results of its first quarter earnings on Friday. The company, which had a net loss of $22.2 million in 1994, is trying to rebound by concentrating more of its marketing efforts on its women’s line of footwear products, which has been one of the company’s strengths. The quarterly report will precede L.A. Gear’s annual shareholder meeting, which is scheduled for April 18.
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