Courier Reports Sales Increase, Return to Profitability

Fourth-quarter revenues for the segment were $11.9 million, the same as last year's fourth quarter. Sales were up 6 percent at Dover, flat at REA after strong quarters earlier in the year, and down 23 percent at Creative Homeowner, reflecting the lackluster home improvement market. Because of the drop in sales, Creative Homeowner's operating loss for the quarter rose to $778,000 from $526,000 a year earlier. In total, the segment's fourth-quarter operating income was $211,000, versus $928,000 in last year's fourth quarter.