Mississippi Business Journal » losses

Hancock Fabrics’ sales up, but still records net loss

MBJ Staff — Mon, 11 Jun 2012 19:35:19 +0000

BALDWYN — Hancock Fabrics Inc., for its first quarter ended April 28, reports an operating loss of $1.2 million, compared to a $1.0 million loss in the first quarter of last year. The net loss was $2.4 million, or $0.12 per basic share, compared to a net loss of $2.2 million, or $0.11 per basic [...]

The post Hancock Fabrics’ sales up, but still records net loss appeared first on Mississippi Business Journal.

Hancock Fabrics losses mount; faces many challenges

Associated Press — Wed, 23 May 2012 12:56:46 +0000

BALDWYN — Hancock Fabrics faces many challenges, according to analysts and the company. The Baldwyn-based company last month reported it lost nearly $11.3 million in the most recent fiscal year. The fabric and craft retailer additionally had to cope with falling sales and self-admitted merchandise problems. In the past year, it’s also hired a new [...]

The post Hancock Fabrics losses mount; faces many challenges appeared first on Mississippi Business Journal.

Deadline nearing for SBA drought-related disaster loans

MBJ Staff — Wed, 16 May 2012 17:43:20 +0000

ACROSS MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that June 14 is the filing deadline for federal economic injury disaster loans available in Mississippi as a result of the drought and excessive heat that occurred [...]

The post Deadline nearing for SBA drought-related disaster loans appeared first on Mississippi Business Journal.

Sanderson shares down as analyst expects bigger losses

Associated Press — Mon, 22 Aug 2011 18:46:21 +0000

LAUREL — Shares of Sanderson Farms Inc. dropped 4 percent today as an analyst predicts the poultry producer’s third-quarter loss will be bigger than Wall Street’s forecast due to falling chicken prices and higher feed costs. Jefferies analyst Jeff Farmer estimates Sanderson will lose $1.25 per share in the quarter, compared with Wall Street’s expectations [...]

The post Sanderson shares down as analyst expects bigger losses appeared first on Mississippi Business Journal.