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Tag Archives: fabric

Hancock Fabrics' board votes to go private

BALDWYN — Hancock Fabrics says it plans to stop being a publicly traded company, allowing executives to focus on improving its business. The Northeast Mississippi Daily Journal reports the change has been approved by the Hancock Fabrics board of directors and must be approved by shareholders in August. The company trades under the symbol HKFI, and shares closed at 96 ...

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Hancock sees greatly improved numbers, but still posts losses

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 of a 4.5 percent increase ...

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Hancock Fabrics' sales up, but posts loss

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 to operating income of $1.2 ...

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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 share, in the first quarter ...

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Hancock Fabrics records more losses

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, compared to a 0.7 percent ...

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