HARRY'S POSTS LOSS IN SECOND QUARTER

ATLANTA -- Harry's Farmers Markets here reported a net loss of $1.47 million in the second quarter, which was partially attributable to a writedown on a Nashville, Tenn., property.The company reported progress in attempts to improve gross margins and reduce operating expenses.The loss in the 13-week period ended Aug. 3 was partly tied to a $505,000 writedown of a property in Nashville. The company

ATLANTA -- Harry's Farmers Markets here reported a net loss of $1.47 million in the second quarter, which was partially attributable to a writedown on a Nashville, Tenn., property.

The company reported progress in attempts to improve gross margins and reduce operating expenses.

The loss in the 13-week period ended Aug. 3 was partly tied to a $505,000 writedown of a property in Nashville. The company continues to explore all options for the property, including a sale and leas

Register to view the full article

Already a member? .