DECEMBER 6, 1999 - VOL 16, NO 48
FORZANI HAS TRIPLE-DIGIT RISE IN Q3 NET.
The Canadian operator of three banners sees Q3 net income rise 106 per cent to C$3,511,000 ($2.39mm) from C$1,703,000. Total revenues rose 17 per cent to C$133,532,000 ($90.82mm) from C$114,588,000 for the period ended Oct. 31. Corporate store sales improved 23 per cent in the period to C$80,861,000 ($54.99mm) and sales to franchise stores gained 7 per cent to C$52,671,000 ($35.82mm). Same store corporate ... Log in to view full article.
