Business News • MarketWire • New Look Eyewear Inc. Releases Record First Quarter Results and Announces Its Quarterly Dividend |
New Look Eyewear Inc. Releases Record First Quarter Results and Announces Its Quarterly Dividend |
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New Look Eyewear Inc. Releases Record First Quarter Results and Announces Its Quarterly Dividend
MONTREAL, QUEBEC--(Marketwire - June 3, 2011) - New Look Eyewear Inc. (TSX:BCI) ("New Look"), announced today that revenues for the first quarter of 2011 reached $19.1 million, an increase of 10.4% over the corresponding quarter of last year. Revenues from comparable stores increased by 7.7%. EBITDA(1) for the first quarter reached $3.4 million, an increase of 33% over last year. Net earnings for the quarter were $1.6 million ($0.16 per share) while adjusted (2) net earnings for the first quarter of 2010 were $1.1 million ($0.11 per share). First quarter operating cash flows, before changes in non-cash working capital items, amount to $0.32 per share in comparison of $0.19 per share last year.
View More : http://www.marketwire.com/mw/release.do?id=1522633&sourceType=3
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