USA: Right Start Net Sales Up 37 Per Cent, Like For Like Falls
The Right Start, Inc (NASDAQ:RTST), today announced results for its second quarter ended July 29, 2000.Consolidated net sales for the thirteen weeks ended July 29, 2000 were $14.7m, an increase of 37.1 per cent over sales of $10.7m for the thirteen weeks ended July 31, 1999. Included in consolidated net sales for the quarter were retail stores sales of $10,757,000, catalog sales of $277,000, online sales, net of promotional discounts, of $3,516,000 and shipping and handling revenues of $144,000. This compares to retail sales of $9,464,000, catalog sales of $869,000, online sales, net of promotional discounts, of $226,000 and shipping and handling revenues of $161,000, for the prior year period. Same store sales, or sales for stores open at least 14 months, decreased 2.5 per cent from the prior period.For the second quarter, the company's consolidated earnings, before interest, taxes, depreciation and amortization, and before new store pre-opening costs, nonrecurring charges, and after minority interest (EBITDA), consisted of a loss of $1,735,000, compared to a loss of $220,000 for the second quarter last year. On an unconsolidated basis for the second quarter, EBITDA was a loss of $113,000 for The Right Start, Inc and a loss of $1,622,000 for
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Why collaboration is key to fashion supply chains
- Rana Plaza four years on – Timeline of change
- Industry groups reaffirm commitment to Bangladesh
- Using worker surveys to drive supply chain change
- Trump and Brexit get a dose of pragmatism
- Adidas to digitalise Speedfactory concept
- M&S extends sourcing deal with Lindsey brothers
- US Q1 in brief – Columbia Sportswear, Amazon
- Nike filed patent for "reinforced denim"
- Brandix rolls out Tukatech systems
- Global market review of denim and jeanswear – forecasts to 2022
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Clothing Market in the Top 5 American Countries to 2021 - Market Size, Development, and Forecasts
- Outdoor performance apparel 2016: A broader perspective
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar