Martin Lawrence Reports 1st Quarter Rise in Profit

Martin Lawrence Limited Editions, Inc. reported that its profit in the first quarter ended March 31 climbed 30%, to $2.01 million from $1.54 million in the same period in 1989.

The Van Nuys-based art publisher and retailer said its sales increased 33% for the period, to $13.6 million from $10.3 million a year earlier.