HOMELAND SECOND QUARTER SALES UP SLIGHTLY

OKLAHOMA CITY -- Homeland Stores here said last week the addition of eight acquired stores helped boost sales for the second quarter and first half ended June 17.first quarter.Operating cash flow was flat, declining less than 1% to $5.2 million for the quarter and rising 0.03% to $10.6 million for the half. The company said net income, excluding amortization of excess reorganization value, dropped

OKLAHOMA CITY -- Homeland Stores here said last week the addition of eight acquired stores helped boost sales for the second quarter and first half ended June 17.

first quarter.

Operating cash flow was flat, declining less than 1% to $5.2 million for the quarter and rising 0.03% to $10.6 million for the half. The company said net income, excluding amortization of excess reorganization value, dropped 0.9% to $33,000 for the quarter and 0.6% to $447,000 for the half.

D

Register to view the full article