Mississippi Business Journal » sales

Hancock sees greatly improved numbers, but still posts losses

MBJ Staff — Mon, 29 Apr 2013 12:25:05 +0000

BALDWYN — Hancock Fabrics Inc. is reporting improved financial results for its fourth quarter ended Jan. 26 and full fifty-two weeks of fiscal 2012. For the quarter, net sales increased to $81.7 million, compared to $81.4 million for the fourth quarter of last year. Comparable store sales for the quarter increased 1.4 percent on top [...]

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Survey: State lost $616.5M in online sales taxes over last five years

Associated Press — Thu, 25 Apr 2013 11:15:36 +0000

ACROSS MISSISSIPPI — Mississippi lost at least $616.5 million in online sales tax collections during the five-year period from 2007 until 2012, a survey says. Mississippi and other states could soon have the option to collect sales taxes on Internet purchases if the U.S. Senate approves, as expected, the Marketplace Fairness Act, legislation that would [...]

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Telemarketer’s appeal fails, will serve prison term

Associated Press — Wed, 10 Apr 2013 11:47:29 +0000

JACKSON — A federal appeals panel has upheld the conviction of Timothy Allen for his role in a telemarketing scheme that prosecutors said targeted seniors. Allen was convicted of conspiracy to commit wire fraud in 2012. He was sentenced to more than seven years in prison with four years’ supervised release. He also was ordered [...]

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Residents to vote on liquor sales during general election

Associated Press — Mon, 01 Apr 2013 12:11:44 +0000

PHILADELPHIA — A citywide referendum on liquor sales will appear on the June 4 general election ballot in Philadelphia. The Neshoba Democrat reports the board of aldermen set the date after being presented with a petition with 1,014 names certified in the city clerk’s office. State law allows county seats and towns of more than [...]

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Egg company’s earnings up on better market conditions

Associated Press — Mon, 01 Apr 2013 11:57:11 +0000

JACKSON — Cal-Maine Foods Inc. said today that its fiscal third-quarter net income climbed 17 percent, bolstered by increased selling prices and improved sales of specialty eggs. For the period ended March 2, the egg producer earned $30.6 million, or $1.27 per share. That compares with earnings of $26.1 million, or $1.09 per share, a [...]

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City faces shortfall as tax collections continue to decline

Associated Press — Mon, 01 Apr 2013 11:50:10 +0000

COLUMBUS — Sales tax collections continue to lag behind last year’s revenue, raising questions about whether the city will have to amend its budget or dip into reserves to make up the difference. The Commercial Dispatch reports January revenue was reported at about $626,000, a drop of more than $24,000 from the same period in [...]

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Voters say yes to in-city liquor/wine sales

Associated Press — Thu, 21 Mar 2013 11:52:32 +0000

NEW ALBANY — Voters have approved the sale of liquor and wine within the New Albany city limits. Complete but unofficial returns show 57 percent of those voting approved the sale of liquor in Tuesday’s special election. State law allows county seats and towns of more than 5,000 people to vote separately from their surrounding [...]

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Sheriff wants door-to-door salesmen to get permit

Associated Press — Mon, 25 Feb 2013 13:01:30 +0000

STARKVILLE — The Oktibbeha County Sheriff’s Department wants to require door-to-door salesmen to have permits that confirm the legitimacy of their business. The Starkville Daily News reports Chief Deputy Chadd Garnett has told supervisors that some county residents had complained week about magazine salesmen who were asking people to buy subscriptions they claimed would be [...]

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Sanderson Farms sees sales rise, but posts loss

MBJ Staff — Fri, 22 Feb 2013 14:23:52 +0000

LAUREL — Sanderson Farms Inc. reports net sales for the first quarter of fiscal 2013 were $595.8 million, compared with $517.8 million for the same period a year ago. For the quarter, the poultry company had a net loss of $6.9 million, or $0.31 per share, compared with a net loss of $8.0 million, or $0.36 [...]

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Bomgar reports hefty year-over-year revenue growth

MBJ Staff — Wed, 06 Feb 2013 19:51:32 +0000

JACKSON — Bomgar reports a strong finish to fiscal year 2012, with 34 percent revenue growth year over year. Celebrating its 10th anniversary in 2013, Bomgar plans further expansion in the EMEA and Pacific regions, in addition to significantly increasing market share in the U.S. With more than 6,500 customers worldwide, Bomgar is used by [...]

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