Hancock Fabrics reports normal rise of 4.5% in Jan sales
03 Feb '06
1 min read
Fabric wholesale merchant Hancock Fabrics, Inc reported that sales in the four-week period ended January 28, 2006 totaled $31.7 million compared with $30.8 million in the same period of the prior year.
Sales in comparable stores increased 4.5 percent in January.
In the fourth quarter, total sales were $118.1 million versus $121.9 million a year ago, and comparable store sales were down 4.0 percent.
In the full year, total sales were $403.1 million in 2005 and $426.7 million in 2004, while comparable store sales decreased 6.2 percent in 2005.
Hancock Fabrics Inc is a specialty retailer serving the creative enthusiast with a wide selection of fabric and related home sewing and decorating accessories.
The Company operates 443 retail fabric stores in 43 states and operates an internet store.