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ORANGE COUNTY

From Times Staff and Wire Reports

Vans Profits: Vans Inc., the maker of distinctive canvas-topped casual shoes, posted record earnings that topped $2 million in its second quarter ended Dec. 1. Net income for the quarter was $2.1 million, or 21 cents a share, up from $50,000 for the same period last year. It came on sales of $21.3 million, a 37% increase over last year’s $15.5 million for the quarter. Vans President Richard P. Leeuwenburg said the Orange-based company is “benefiting from a growing awareness of the superior value of the Vans product” that is bringing a higher brand awareness and better sales. Vans’ initial public offering was conducted in August.


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