Duckwall-Alco 3Q sales slip
HTT Staff -- Home Textiles Today, 12/10/2010 2:55:37 PM
Abiline, Kan. - Duckwall-Alco said third quarter sales fell 0.6% to $110.5 million and same-store sells dropped 2.3%.
Net loss for the quarter ended Oct. 31 widened to $2.0 million, or 53 cents per share, from a net loss of $1.4 million, or 38 cents per share.
Year-to-date, the net loss was $5.3 million, or $1.37 cents per share, compared to net earnings of $1.5 million, or 40 cents per share, in the year-ago period.
Earnings were impacted by a $484,000 charge related to the reset of 214 Alco stores, a $210,000 charge for integrating a pair of Associated Wholesale Grocers' brands into the product mix and $60,000 in severance related to layoffs in the home office
We can help, we implement Sales and Service Systems that Increase Sales and Reduce Cost. Our mission is to inspire and empower people to be and do their BEST. Our motto is Smile, have a positive attitude, be consistent, be persistent, be grateful and you will ACHIEVE. Think about it!
Suzette Mckinnon
Systems Coach
Suzette Mckinnon - 2010-12-10 18:01:40 EST
-
Duckwall-Alco 3Q Sales Slip
Feb 25, 2011 -
Third-quarter loss widens at Hudson's Bay Co.
Dec 12, 2012 -
Duckwall-Alco sees improvements in operating results
Apr 13, 2012
Featured Company
-
FurnitureCore.com
FurnitureCore.com is a dynamic web application aimed at the furniture industry. Retailers and manufacturers alike will find our deep reserve of tools to be exactly what their furniture business needs.www.furniturecore.com... more
