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Operating income up at Hancock Fabrics in Q3

12 Dec '11
4 min read

Selling, general and administrative expenses for the quarter were $28.5 million or 40.3% of sales and $28.3 million or 38.5% of sales for the third quarter of the prior year. For the first thirty-nine weeks of the year, these expenses were $82.9 million compared to $82.1 million in the first thirty-nine weeks of last year.

Store Openings, Closings and Remodels

During the quarter, the Company relocated 2 stores, ending the quarter with 265 stores.

Hancock Fabrics Inc. is committed to being the inspirational authority in fabric and sewing, serving creative enthusiasts with a complete selection of fashion and home decorating textiles, sewing accessories, needlecraft supplies and sewing machines.

Hancock Fabrics Inc

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