Sterling Shoes Income Fund Message Board

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Gold/Mining/Energy : Sterling Shoes Income Fund

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To: Brian who wrote (2)	8/8/2009 8:33:20 PM
From: Brian	Read Replies (1) of 38

Sterling will report its second quarter results on Monday. It will be very interesting to see how sales held up in this recession. Last year they reported net income per share of 13 cents on $29.4 million in sales. Last year at this time they had 148 stores and now have 160. If they managed to keep sales per store the same as last year that would give them $32 million in sales. margins must be under pressure, so if they can pull off any income this quarter I would be quite happy. Does anyone else want to venture a guess on sales and income?

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