MERCERVILLE, N.J.-- Congoleum Corp. reported that the company's sales for the three months ended March 31, 2002 were $57.9 million, compared with sales of $51.6 million reported in the first quarter of 2002, an increase of 12.3%.
The net loss for the quarter (before a required accounting change) was $600,000 vs. a net loss of $3.7 million in the first quarter of 2001. The net loss per share (before accounting change) was 8 cents in the first quarter of 2002 compared with 45 cents per share in the first quarter of 2001.