Good news. 98Q3 results are in:
(At SEC archives)
(In 1,000's)
Revenues $4,254, up 53% from 97Q3, up 18% from last Q
Same store sales up 138% vs 98Q2's 102% growth rate!
Gross profit $1,725, up 61% from 97Q3, up 47% from last Q
Gross margin 41% vs 38% 97Q3, 33% last Q
Op Inc $123 vs ($102) 97Q3, ($855)/($337) w/o chg last Q
Net Inc ($81) vs ($210) 97Q3, ($942)/($424) w/o chg last Q
EPS ($0.07) vs ($0.18) 97Q3, ($0.79)/($0.36) w/o chg last Q
Shares 1,237
Cash $696
Current assets $3,938
Current liab $3,230
Current ratio 1.2
LT Debt $4,955
Shareholders equity $2,157 or $1.74 per share
Edison was strong and wants to continue in 98Q4, will submit 1999 plan to CA PUC in mid November. Retail sales per store now almost $200K per Q, vs $150K last Q, and $87K 97Q3. 11 stores now, vs 13 last Q, 12 year ago.
Get the rest at the archives. My hands are tired.
Although Edison will continue to be volatile, the big Whirlpool deal was signed in Sept, so its effect hasn't been felt yet.
Looks good to me. |
