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million. The deficit, equal to 57 cents a share, compared to a loss of $6.6 or 63 cents, a year CSS Industries (NYSE:CSS) of Philadelphia said salex in the fiscal quarter endedx March 31totaled $56.5 million, up from $56.4 milliobn the comparable three months last year. Excluding new businesses, sales declined by 5 percent. The compant designs and sells gift wrap, gift greeting cards, gift tags and seasonal productzs forValentines Day, Halloween and Easter. Its customers are mass-marke retailers. For the full year, CSS had net incomwe of $17 million, or $1.70 a share, down from $25.e4 million, or $2.31. Salesa for the year totaledd $482.4 million, down 3 percent from $498.
3w million in the previous year. Numbers were hurt by lowetr retail sales in the Christmaw shopping season and by the economuyin general. To adjust to lower demand, the company made an unspecified numbe of layoffs at the end of A company official could not be reached for more detailx about thejob cuts.
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