GUCO -- Great News! Only lost $6.17 per useless share this quarter.
Bid down to $0.11 per share. Great stock pick DOC (I mean Dog).
Grand Union Co. (BB:GUCO) Q1 loss narrows
Reuters, Wednesday, August 19, 1998 at 08:13
WAYNE, N.J., Aug 19 (Reuters) -
CONSOLIDATED STATEMENT OF OPERATIONS
(dollars in thousands, except per share data) (unaudited)
16 Weeks Ended
July 18, July 19,
1998 1997
-------------- --------------
Sales $ 691,908 $ 707,983
Gross profit 205,185 189,469
Earnings before interest, taxes,
depreciation, amortization and unusual
and extraordinary items 31,144 9,647
Net (loss) before unusual and
extraordinary items (54,356) (79,242)
Unusual items 4,509 -
Net (loss) before extraordinary item
(58,865) (79,242)
Extraordinary item 1,739 ----
Net (loss) (60,604) (79,242)
Net (loss) applicable to common stock
(62,909) $ (81,299)
Basic and diluted net (loss) per common share:
(Loss) before extraordinary item (5.77) (7.92)
Extraordinary item (0.17) -----
Net share loss (6.17) (8.13)
Weighted average number of shares
outstanding 10,202,000 10,000,000 |
