Posts Tagged ‘sewing’

Hancock Fabrics’ sales up, but posts loss

by MBJ Staff Published: December 10,2012

Tags: earnings, fabric, income, loss, publicly traded company, retail, revenue, sales, sew, sewing

BALDWYN — Hancock Fabrics Inc., during the third quarter ended Oct. 27, recorded net sales of $71.9 million, compared to $70.8 million for the third quarter of last year, and comparable store sales increased 2.3 percent, compared to a 3.5 percent decline in the previous year. The retailer reports an operating loss of $800,000, compared […] [...]

Apparel company now says it will layoff workers, not close plants

COLUMBUS — An apparel company that’s losing a military contract to the federal prison system says it plans to lay off 50 workers in Alabama and Mississippi rather than idling two plants. American Power Source Inc. says the layoffs in Fayette, Ala., and Columbus are due to the government’s decision to shift an Air Force […] [...]

Hancock Fabrics’ sales up, but still records net loss

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 […] [...]

Hancock Fabrics losses mount; faces many challenges

by Associated Press Published: May 23,2012

Tags: bankrupt, bankruptcy, cloth, clothes, debt, fabrics, losses, retail, sales, sewing

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 […] [...]

Hancock Fabrics reports ‘difficult’ third quarter

BALDWYN — Hancock Fabrics Inc. saw net sales for the third quarter of $70.8 million, compared to $73.5 million for third quarter of last year, and comparable store sales decreased 3.5 percent, compared to a 0.3 percent increase in the previous year. Operating income for the quarter was $1.2 million, compared to $2.8 million in […] [...]

Hancock Fabrics records more losses

by MBJ Staff Published: September 14,2011

Tags: fabric, publicly-traded companies, retail, sewing

BALDWYN — Hancock Fabrics Inc. has released its financial results for its second quarter ended July 30, 2011 and its first half of fiscal 2011. Financial results for the second quarter include: • Net sales were $57.8 million, compared to $60.5 million for second quarter of last year, and comparable store sales decreased 4.1 percent, […] [...]

Hancock Fabrics posts loss for quarter, year

by For the MBJ Published: April 27,2011

Tags: earnings, fabrics, publicly traded company, retail, sales, sewing

BALDWYN — Hancock Fabrics Inc. has announced financial results for its 2010 fiscal year and fourth quarter ended Jan. 29, 2011. Net sales for the year were $275.5 million, compared with $274.1 million in the previous year, and comparable store sales were flat over the last two years. Operating income for the year was a […] [...]

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