Home » Tag Archives: Steve Morgan

Tag Archives: Steve Morgan

Hancock Fabrics exec: 'Expenses were a challenge' as company posts loss

BALDWYN — Hancock Fabrics Inc. has released financial results for its second quarter ended July 26 and the first half of fiscal 2014. Net sales for the quarter were $59.3 million compared to $59.1 million for second quarter of last year, and comparable store sales increased 0.9 percent following a 1.7percent decrease for the same period of the prior year, ...

Read More »

Hancock Fabrics board decides against reverse stock split

BALDWYN — Hancock Fabrics Inc.’s board of directors has decided to withdraw Proposal 1, which relates to the proposed reverse stock split and subsequent deregistration under the Securities Exchange Act of 1934, from consideration at the upcoming annual meeting. Under the proposed 1,000 for one reverse stock split of the company’s outstanding shares of common stock, fractional shares, which includes, ...

Read More »

Hancock Fabrics reports improved performance

BALDWYN — Hancock Fabrics Inc. has released financial results for its third quarter ended Oct. 26 and first 39 weeks of fiscal 2013. Financial results for the third quarter include: • Comparable store sales increased by 1.1 percent following a 2.3 percent increase in the third quarter of 2012. Net sales were virtually flat at $71.8 million compared to $71.9 ...

Read More »