Jaclyn Inc. reported consolidated financial results for the fiscal year ended February 28, 2013. Net sales for the fiscal year ended February 28, 2013 were $169,483,000 compared to $195,927,000 in the prior fiscal year. The company had net earnings of $789,000, or $0.33 per diluted share in the fiscal year ended February 28, 2013 (which includes an after-tax gain from the previously reported sale of the remaining lot at its former West New York, New Jersey facility, totaling $452,000, or $0.20 per diluted share). Net earnings without this after-tax gain were $337,000. This compares to net earnings of $2,954,000, or $1.21 per diluted share, in the prior fiscal year ended February 29, 2012 (which included an after-tax gain on the sale of the company's former headquarters and warehouse facility and one of two remaining lots in West New York, New Jersey, totaling $2,208,000, or $0.90 per diluted share). Net earnings without this after-tax gain in the prior fiscal year were $746,000.

Jaclyn Inc. reported unaudited consolidated financial results for the third quarter and nine months ended November 30, 2012. Net sales for the three-month period ended November 30, 2012 were $51,880,000 compared to $57,882,000 for the three-month period ended November 30, 2011. The company reported third quarter net earnings of $1,307,000, or $0.54 per diluted share (which includes an after-tax gain on the sale of the remaining lot of the company's former West New York, New Jersey facility totaling $452,000, or net earnings from operations of $855,000), compared to net earnings of $781,000, or $0.31 per diluted share, in last year's comparable quarter. Net sales for the nine-month period ended November 30, 2012 were $123,643,000 compared to $147,980,000 for the same period last year. Net earnings for the nine-month period ended November 30, 2012 were $681,000, or $0.27 per diluted share (which includes an after-tax gain on the sale of the remaining lot of the company's former West New York, New Jersey facility totaling $452,000, or net earnings from operations of $229,000). This compares to net earnings of $2,927,000, or $1.18 per diluted share, (which included the after-tax gain on the previously reported sale of the company's former West New York, Jew Jersey facility totaling $2,005,000, or $0.82 after income taxes), in the same nine-month period ending November 30, 2011. Without this after-tax gain, net earnings from operations were $922,000.

Jaclyn Inc. announced unaudited consolidated earnings results for the second quarter and six months ended August 31, 2012. For the quarter, net sales were $43,266,000 against $48,597,000 for the same period a year ago. Net earnings were $248,000 against $2,550,000 for the same period a year ago. Net earnings per diluted common share were $0.10 against $1.02 for the same period a year ago. The second quarter ended August 31, 2011 earnings included an after-tax gain on the sale of the company's West New York, NJ facility totaling $2,005,000, or $0.82 per diluted share. For the six months, net sales were $71,763,000 against $90,098,000 for the same period a year ago. Net loss was $626,000 against net earnings of $2,146,000 for the same period a year ago. Net loss per diluted common share was $0.26 against net earnings per diluted common share of $0.86 for the same period a year ago. For the comparable six-month period in the prior year, net earnings included the previously reported after-tax gain on the sale of the company's West New York, NJ facility totaling $2,005,000, or $0.82 per diluted share.