Merry-Go-Round Enterprises Inc. is reporting record sales and earnings for its fourth quarter and fiscal year.
The company's stock was unusually active in New York Stock Exchange trading yesterday, prompting the exchange to ask the retailer to issue a statement. The stock closed at 22 1/2 , down 1 5/8 on composite volume of 506,800 shares.
However, the Joppa-based company had no comment.
Michael D. Sullivan, president and chief executive officer, did say he was pleased with Merry-Go-Round's results. "The record sales and earnings for the fourth quarter and for the fiscal year were the highest ever achieved in the company's history," said ++ Sullivan.