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.