February 6, 2013
Dover Saddlery Revenues Up In Q4
Littleton-based equestrian products retailer Dover Saddlery Inc. said its preliminary unaudited fourth-quarter revenues grew 11 percent from the same quarter a year ago.
Revenues were approximately $26.4 million, the company said. Revenues from Dover's retail sales channel increased 16.7 percent to approximately $10.5 million and revenues from the direct channel grew 7.6 percent to $15.9 million.
Stephen Day, Dover's president and CEO, said online enhancements helped in a fourth quarter characterized by "a challenging retail environment."
Dover did not announce net income. It's official fourth-quarter and full-year financials will be released March 26.
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