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TRISTAR SALES FALL 8.4% TO $15 MIL. IN FIRST QUARTER

This article was originally published in The Rose Sheet

Executive Summary

TRISTAR SALES FALL 8.4% TO $15 MIL. IN FIRST QUARTER ended Nov. 30, the company said in a Dec. 23 statement of operating results. Tristar attributed the sales decline to "completion of the transfer of customers outside the company's exclusive marketing area to the company's major supplier, as well as to lower sales into Mexico due to economic conditions and the continued disruption of border traffic." The company added that "to a lesser extent, net sales were lower due to continued weak economies in our markets in the U.S. and Canada and competitive pressures."
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