Mace Security reports Q3 2024 net sales down 6% to $1.411M, citing loss of major retail clients.

Mace Security International, a leading personal safety company, reported a 6% drop in Q3 2024 net sales to $1,411,000, due to the loss of two large retail customers. The gross profit rate fell to 23.1% from 30%. The company anticipates filing its delayed September 30, 2024, financial statements and Q3 OTCQB report by December 30, 2024. Cash and cash equivalents dropped to $1,000 from $239,000 in the previous year.

November 15, 2024
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