For the fourth quarter of fiscal 2004, EBITDA was
$936,023 compared with $760,331 for the year-ago period,
Mr. We are committed to increase our market share and
productivity, the long-term drivers of our past successes.
Primary factors that could cause actual results to materially differ from
those in the forward-looking statements are the level of demand for
recreational vehicles, manufactured housing and hotel/motel accommodations ,
the general economic conditions, interest rate fluctuations, competitive
products and pricing pressures within the Company's markets, the Company's
ability to contain its manufacturing costs and expenses, and other factors.

beanbag treaments

KooKoo Bear Kids offers delightful children's furniture, bedding and
accessories designed from a "kid's point of view. KooKoo Bear Kids has everything for a
totally custom look, from themed beds with matching bedding of fresh colors
and fabrics to timeless classics like quilts with hand applied beadwork and
embroidery.com or call 1.475. William Bassett, Chairman , stated:
"Sales for fiscal 2004 increased 21% to $50,449,214 compared with
$41,803,224 in the prior year.

klimt polycotton

CONDENSED BALANCE SHEET

JAN.

cottons marchioness

"
KooKoo Bear Kids store is located in The Shops of South Canton at 29 Oak
Street in Roswell, GA.m. The
award winning Web site enables online ordering and 24 -hour shopping
convenience.0% for fiscal
2004 and 15.
Decorator is a leading supplier of such products to the manufactured housing
and recreational vehicle markets and is a growing supplier to the hospitality
market.

battenburg percale

KooKoo Bear Kids features a signature yellow box with matching
grosgrain ribbon bow and handwritten gift card that indicates the arrival of
something special.4% of sales , and $6,590,362, or 15.7% of sales.
"Capital expenditures were $2,649,181 for fiscal 2004. The single largest
expenditure was the purchase in August of a manufacturing facility in Phoenix,
Arizona for $1,524,099.

throws draperies

The 2000 square foot
store opened to the public on March 1st and carries all the same exceptional
quality furniture, clothing, and gifts found on the Web site.net

"For fiscal years 2004 and 2003, selling and administrative expenses were
$7,790,561, or 15.8 %. 3, 2004 Jan. 3, 2004
NET SALES $11,212,821 $10,271,858 $50,449,214 $41,803,224

NET INCOME $315,195 $336,828 $ 1,706,222 $1,561,778

EARNINGS PER SHARE:
BASIC $0.

polycotton kandinsky

PEMBROKE PINES, Fla.
The RV industry reported a slowing of year-over-year growth for the fourth
quarter to about 8%.
"Our financial condition remains strong. 1, 2005 Jan.11 $0.

Soft furnishings are products incorporating fabric and/or padding , such as chair cushions, blankets, wall tapestries, and table linens.

trellis beanbags

It is located
in the historic district of Roswell, a northern suburb of Atlanta steeped in
ambiance and charm.8%,
respectively . The dollar increases over 2003 are largely due
to expenses associated with the Fleetwood acquisition , particulary the
amortization of the intangible asset of $706,500 for fiscal 2004 and $187,500
for the fourth quarter of 2004. The Phoenix facility, in addition to better servicing
our current customers , should provide a platform to significantly expand our
business in the western part of the United States.

trellis cottons

KooKoo Bear Kids Opens First Retail Store

" Available via their Web
site, catalog, or retail store, KooKoo Bear Kids offers hundreds of products
that make a child's room truly special .

Decorator Industries Inc. Reports Increased Earnings and Sales for Fiscal Year 2004

"Sales to our Recreational Vehicle (RV) customers increased 21% in fiscal
2004 and decreased about 5% in the fourth quarter compared with the same
period a year ago, partially due to the acquired Fleetwood sewing operation.
All of the increased MH sales resulted from the acquisition of the Fleetwood
sewing operation.58 $0.

beanbag tableclothes

percale scarfs

12 $ 0.

kandinsky beanbag

About KooKoo Bear Kids, Inc. For additional information ,
visit http://www. (Amex: DII) today reported the third consecutive year of
improved earnings and sales. Net income for the fourth quarter of fiscal 2004 was
$315,195, or 11 cents per diluted share, compared with $336,828, or 11 cents
per diluted share in last year's fourth quarter.9%.56
DILUTED $0.

organdy marchioness

Much-Demanded Children's Boutique Finds Niche in Historic City

ATLANTA, KooKoo Bear Kids, Inc.
"We had an overwhelming customer demand to open a retail store that
offered an unparalleled shopping experience where people could touch and feel
our high quality merchandise," said Tara Mediate, president of KooKoo Bear
Kids.m. Unique items and specialties include keepsakes, scrapbooks, bassinets,
and snuggly blankets for infants.800.

For More Information Contact:
Becky Boyd
MediaFirst PR - Atlanta
(770 ) 642-2080
becky@mediafirst. This quarter's sales increased to $11,212,821
from $10,271,858 in the fourth quarter of last year. The long-term debt to total capitalization remained
low at 9 .
"We will continue to pursue opportunities for growth from both internal
expansion and acquisitions .

kandinsky cottons

We carry an
incredible collection of infant and youth bedding, cribs, furniture,
chandeliers , lamps, rugs, artwork and other room dicor items.6909.6% and 21.

THE FIGURES ARE AS FOLLOWS:

CONDENSED STATEMENT OF INCOME*

FOR QUARTERS ENDED: FOR YEARS ENDED:
(UNAUDITED) (AUDITED)

Jan. 1, 2005 JAN. 3, 2004


CASH AND EQUIVALENTS $730,539 $3,991,631
ACCOUNTS RECEIVABLE 3,464,674 3,519,418
INVENTORIES 5,113,651 4 ,123,397
OTHER CURRENT ASSETS 366,111 274,285
TOTAL CURRENT ASSETS 9,674,975 11,908,731
NET PROPERTY AND EQUIPMENT 7,857,743 6,021,766
OTHER ASSETS 6 ,740,883 3,157,825
TOTAL ASSETS $24,273,601 $21,088,322


TOTAL CURRENT LIABILITIES $5,729,841 $3,900,869
LONG-TERM DEBT 1,752,568 1,926,832
DEFERRED TAXES 680,000 646,000
STOCKHOLDERS' EQUITY 16,111 ,192 14,614,621
TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY $24,273,601 $21,088,322

decoratives polycotton

Rugs, curtains, wall hangings and much more provide all the
accessories for a child to have a beautifully designed haven for sleep and
play. Net of the amortization cost , the comparative
selling and administrative expense as a percent of sales is 14.

slipcovers tapestries

and
6:00 p.
EBITDA, a measure of income before income taxes, interest expense,
depreciation and amortization , was $4,429,127 for fiscal 2004 compared with
$3,357,432 for fiscal 2003. Overall, RV shipments were the highest since 1978 and
set new records for both the fourth quarter as well as for the year as a
whole.0% of sales and
$1,712,153, or 16."

Statements contained in this release that are not historical facts are
forward-looking statements that could differ materially from actual results.61 $0.

cottons duvets

"KooKoo Bear Kids can fill the void that shoppers demand. Personalized gifts and designer products
from Rachel Ashwell's Shabby Chic, Traditions by Pamela Kline, Baby Nay,
3 Marthas, and Rub a Dub Dub are just some of the specialty items offered at
the store and on-line . For additional
information, contact the store at (404) 446-1236., Decorator
Industries, Inc .3% for the fourth quarter of 2004.55

WEIGHTED-AVERAGE
NUMBER OF SHARES
OUTSTANDING 2,826,876 2,797,293 2,816,661 2,794,286

* Quarter ended January 3, 2004 was a 14-week period.

decoratives klimt

The respective gross margin for fourth quarter of 2004 and 2003
was 21.12 $0.

tapestries decoratives

The store will be open between 10:00 a. For added convenience, customers will be able to
return items ordered through the Web site at the retail store. Gifts for the new mother include soft
loungewear, spa slippers, and other items that offer rest and relaxation. The fourth quarter benefited
by $61,000 after tax, net of Phoenix start-up costs, due to adjustments
affecting the prior quarters of 2004.

Decorator Industries, Inc., founded in 1953, designs, manufactures and
sells interior furnishing products, principally draperies, curtains, shades,
blinds, valance boards, bedspreads, comforters, pillows and cushions.
Year ended January 3, 2004 a was 53 -week period.

duvets polycotton

Industry shipments for the full year were up 15%
compared to a year ago.
"Sales to our Manufactured Housing (MH) customers increased 36% in fiscal
2004 and 54% for the fourth quarter compared with the same period a year ago. Industry MH shipments for both the year and the quarter
were essentially flat compared to the year-ago period. Hopefully this
signals start of the long-awaited turnaround for the MH industry. The respective selling and administrative expenses for the
fourth quarter of 2004 and 2003 were $1,904,984, or 17. Also, during the first
quarter of the year, we spent $332,920 on a building addition that increased
the capacity of our Elkhart, Indiana pleated shade facility by 50%.

doily trellis

The store will hold a Grand Opening, featuring sales and
specials, on Friday and Saturday, March 18 - March 19, 2005, to reveal their
new spring lines in time for the Easter season. At January 1, 2005, the Company
had no borrowings against its $5,000,000 line of credit and its working
capital was $3,945,134.

tableclothes treaments

"Our online business is tremendous and growing rapidly, but we often
had people coming to our warehouse wanting to pick-up their purchases and shop
for more!"
"We see a major trend in the retail business for 'neighborhood stores'
that don't carry the same mass produced products as mall stores and offer
customers one-of-a-kind items," said Joe Mediate, CEO of KooKoo Bear Kids. However, of particular
note, the Manufactured Housing Institute just reported an increase in January
housing shipments of almost 17% compared to January 2004.
"Gross margin for the fiscal year 2004 and 2003 was 21. 1 2005 Jan.

tapestries throws

, an online and
catalog marketer of upscale children's furniture and accessories, announces
the opening of its first retail store in Roswell, GA. We are resolved to
being the supplier of choice in each of our markets we serve .

battenburg treaments

, Tuesday through Saturday.1% and 21.8% of sales,
respectively.11 $ 0.

tableclothes treaments

kookoobearkids.
Net income for the fiscal year ended January 1, 2005, was $1,706,222, or
58 cents per diluted share , compared with $1,561,778, or 55 cents per diluted
share, for fiscal 2003.

throws cottons

---

- - kjjkjk

Loading...

(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)