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Danier Leather Inc.

12:36 PM EST - Danier Leather Inc. : announced its unaudited interim consolidated financial results for the 13-week period ended March 26, 2011. Sales for the third quarter of fiscal 2011 decreased by 2% to $46.0 million from $46.9 million in the third quarter of fiscal 2010. Net earnings during the third quarter of fiscal 2011 were $2.5 million ($0.52 per diluted share) compared with $2.8 million ($0.48 per diluted share) during the third quarter last year. Danier Leather Inc. shares T.DL are trading up $0.01 at $12.76.