Welcome to our dedicated page for Mcrae Inds news (Ticker: MCRAB), a resource for investors and traders seeking the latest updates and insights on Mcrae Inds stock.
McRae Inds Inc (MCRAB) delivers specialized footwear solutions across western, work, and military markets through advanced manufacturing and strategic branding. This news hub provides investors with essential updates about the company's operational milestones and market positioning.
Access real-time press releases covering military contract awards, product line expansions, and manufacturing efficiency initiatives. Our curated collection includes earnings reports, strategic partnership announcements, and insights into the company's dual focus on lifestyle footwear and tactical boot production.
Key updates feature developments in western boot design trends, government procurement processes, and cost-optimized manufacturing techniques that drive the company's competitive edge. Track MCRAB's progress in balancing fashion-forward designs with mission-critical durability across its product segments.
Bookmark this page for verified updates about production facility enhancements, real estate transactions, and supply chain improvements that underscore McRae Inds Inc's commitment to operational excellence in footwear manufacturing.
McRae Industries, Inc. (MCRAA, MCRAB) reported its Q2 fiscal 2023 consolidated net revenues at $30.8 million, down from $31.4 million year-over-year. Net earnings for the quarter were $1.7 million, or $0.76 per diluted share, compared to $2.5 million, or $1.12 per share in Q2 FY2022. For the first six months, revenues increased to $64.6 million, up from $59.0 million, while net earnings were $4.6 million versus $4.8 million in the prior year. The company noted challenges with inventory levels and rising costs impacting gross profit margins.
McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) announced a dividend of $.14 per share on its Class A and Class B Common Stock. This dividend is payable on March 29, 2023, to shareholders on record as of March 15, 2023. The announcement reflects the company's commitment to returning value to its shareholders and indicates financial stability.
McRae Industries, Inc. (MCRAA, MCRAB) announced a dividend of $.13 per share on both Class A and Class B Common Stock. This dividend will be payable on March 30, 2022, to shareholders on record as of March 16, 2022. This announcement highlights the company's commitment to returning value to its shareholders.
McRae Industries, Inc. (MCRAA, MCRAB) has declared a dividend of $.13 per share on its Class A and Class B Common Stock. This dividend is set to be payable on September 28, 2021, to shareholders who are on record by September 14, 2021. This decision reflects the company’s continued commitment to returning value to its shareholders.
McRae Industries reported consolidated net revenues of $21.58 million for Q3 FY2021, up from $14.29 million in Q3 FY2020. Net earnings reached $1.197 million or $0.52 per diluted Class A share compared to a net loss of $504,000 in the same period last year. For the first nine months, revenues totaled $60.76 million, an increase from $57.29 million, with net earnings of $2.419 million versus $1.063 million in FY2020. Western/lifestyle boot sales surged, though work boot revenues fell by 7%. The company maintains a strong cash position of $23 million.
McRae Industries, Inc. (MCRAA, MCRAB) announced a dividend of $.13 per share on its Class A and Class B Common Stock. This dividend is payable on June 30, 2021 to shareholders recorded on June 16, 2021. This decision reflects the company’s ongoing commitment to provide returns to its shareholders amidst its business operations.
McRae Industries has secured a significant contract from the United States Government Defense Logistics Agency for Marine Corps temperate weather combat boots. The deal spans a base year and four optional years, totaling a maximum value of $32,010,930. The initial delivery is expected within 120 days post-award, enhancing McRae's revenue stream and solidifying its position in the defense sector.
McRae Industries reported consolidated net revenues of $20.2 million for Q2 FY2021, slightly down from $20.3 million in Q2 FY2020. Net earnings rose to $728,000 or $0.32 per diluted Class A share, up from $576,000 or $0.25 per share year-over-year. For the first half of FY2021, revenues totaled $39.2 million, down from $43.0 million. Despite an increase in western/lifestyle boot sales, overall work boot revenues declined. The company's financial condition remains strong with cash equivalents of $24.7 million.
McRae Industries, Inc. has announced a dividend of $.13 per share on its Class A and Class B Common Stock. The dividend is set to be paid on March 31, 2021, to shareholders who are on record by March 17, 2021. This declaration reflects the company's commitment to providing income to its shareholders and strengthens confidence in its financial performance.
