4th-Quarter Net Income Up 33% for Mail Boxes Etc.

Mail Boxes Etc. on Tuesday reported that net income rose by 33% to $347,466 and revenue rose by 78% to $2.5 million for the fourth quarter ended April 30. Net income for the full year rose by 64% to $1.5 million and revenue rose by 88% to $8.7 million.

San Diego-based Mail Boxes Etc. has franchised more than 400 service centers in 38 states that offer postal, business and communications services.