Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Linens 'n Things Announces Q1 2004 Results
Apr 26, 2004
 Printable format
 Email this Article
 Search

Linens 'n Things, Inc. (Clifton, NJ, U.S.), a U.S. retailer of home textiles, housewares, and home accessories, has announced total net sales increased approx. 15 percent to U.S. $552.8 million for the first quarter ended April 3, 2004. This is up from $480.5 million for the same period last year.

Comparable store net sales for the first quarter of 2004 increased 4.7 percent. Net income for the first quarter ended April 3, 2004 was approx. $30,000 or $0.00 per share on a fully diluted basis. Results for the first quarter ended April 3, 2004 include the impact of the provisions of EITF 02-16

"Overall, we are encouraged by our current performance and by the increased traffic coming into our stores, which we believe stem from the steady progress we are making on our initiatives," Norman Axelrod, chairman and CEO, commented in a written statement.

During the first quarter, the company opened twenty-one new stores, increasing its total square footage to 15.8 million as compared with opening 16 stores during the same period last year. The company currently expects to open approximately 45 to 50 new stores in the United States and Canada in 2004, further expanding its presence as a leading retailer of home furnishings.

Back to Daily News

 

Daily News

...........................................................

Jul 25, 2014: Whirlpool Refrigerator is First Commercial Application of Polyurethane Insulation Using HFO Blowing Agent

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows