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Fiscal 2020 Second Quarter Results
-Generates Second Quarter Net Income of $11.1 Million and Earnings per Diluted Share of $0.52
-Fiscal July Same Store Sales Increase 31.9%
-Revolver Borrowings of Zero, With Cash Position of Approximately $38 Million As of the End of Fiscal July
“We produced strong second quarter earnings"
" Strong sales across a broad array of categories and throughout our geographic markets, combined with the continuation of certain cost reductions that we implemented in response to the pandemic, have positioned us to drive significant operating leverage and earnings per share for the third quarter."
-healthy capital structure, with no debt and a cash position of approximately $38 million as of the end of our fiscal July period.
Net income for the second quarter of fiscal 2020 was $11.1 million, or $0.52 per diluted share
-Generates Second Quarter Net Income of $11.1 Million and Earnings per Diluted Share of $0.52
-Fiscal July Same Store Sales Increase 31.9%
-Revolver Borrowings of Zero, With Cash Position of Approximately $38 Million As of the End of Fiscal July
“We produced strong second quarter earnings"
" Strong sales across a broad array of categories and throughout our geographic markets, combined with the continuation of certain cost reductions that we implemented in response to the pandemic, have positioned us to drive significant operating leverage and earnings per share for the third quarter."
-healthy capital structure, with no debt and a cash position of approximately $38 million as of the end of our fiscal July period.
Net income for the second quarter of fiscal 2020 was $11.1 million, or $0.52 per diluted share
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