Business News • MarketWire • New Look Eyewear Inc. Announces Record Revenues for the First Quarter of 2014 and its Quarterly Dividend |
New Look Eyewear Inc. Announces Record Revenues for the First Quarter of 2014 and its Quarterly Dividend |
|
|
New Look Eyewear Inc. Announces Record Revenues for the First Quarter of 2014 and its Quarterly Dividend
MONTRÉAL, QUÉBEC--(Marketwired - May 7, 2014) - New Look Eyewear Inc. (TSX:BCI) ("New Look") today announced record revenues of $31.8 million for the first quarter ended March 29, 2014, an increase of 57% over last year, while EBITDA(1) reached $5 million, an increase of 63% over last year. These increases are principally attributable to the addition of Vogue's 65 stores last December. The acquisition of two independent practices, the opening of three stores, and the conclusion of two business arrangements with affiliates, all in 2013, also contributed to the increase in revenues and EBITDA. Comparable store(2) sales orders were up 0.7% year over year.
View More : http://www.marketwired.com/mw/release.do?id=1907742&sourceType=3
|
|
|