follow us

Duckwall-Alco 3Q Sales Slip

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 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.

Featured Video

  • Online Moves From Afterthought To Main Thought For Textiles Suppliers

    Camera Icon More Videos

Other Home Furnishings Sites

Casual Living
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Furniture Today