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Technology Stocks : The Learning Company (TLC)

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To: Thomas C. Donald who wrote (6116)12/2/1998 9:07:00 AM
From: Thomas C. Donald   of 6318
 
Noodle Kidoodle is TLC's best customer on a "per store" basis.

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Noodle Kidoodle's Same-Store Sales Leaped By 25% In 3rd Quarter

Dow Jones Online News, Tuesday, November 03, 1998 at 09:05

SYOSSET, N.Y. -(Dow Jones)- Noodle Kidoodle Inc. said Tuesday that its third-quarter same-store sales rose 25%. Total sales for the third quarter ended Oct. 31 rose 46% to $22.7 million from $15.5 million a year ago.

For the nine-month period, Noodle Kidoodle (NKID) said sales at stores open at least one year rose 22%, while total sales rose 33% to $59.2 million from $44.6 million last year.

The company attributed the sales gains to its wooden train sale in October, as well as sales in its plush, computer software and children's accessories departments.

Noodle Kidoodle, which retails educational children's products, also said it signed leases for three new store locations, each of which is scheduled to open next year.
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