Not to you Dennis.
Give us a break! Bricks & Mortar will always lose!!!
National Record Mart, Inc Ticker: NRMI Complete Financials: September 1998 Exchange NASD FY END MAR ISSUE DATA (11/20/98) PER SHARE DATA RATIOS Price $ 8.88 EPS (TTM) $ 0.06 P/E (TTM) 147.92 52W High $ 14.00 Div. Rate $ 0.00 Yield 0.00 % 52W Low $ 3.38 Book Value $ 3.31 Price/Book 2.68 Shrs Out 4.75 Mil Cash $ 0.05 ROE (TTM) 1.80 % Float 3.40 Mil Rev (TTM) $ 24.49 ROA (TTM) 0.48 % Mon. Vol 1.08 Mil Curr. Ratio 2.22 Beta 0.97 LT Dbt/Eqty 1.79 BRIEF: National Record Mart is a specialty retailer of home entertainment products, including CD's, audio and video cassettes and related accessories. NRMI operates 148 stores 148 stores, you've got to be kidding? And they expect to be competitive? in 27 states (as of 3/98). For the 26 weeks ended 9/26/98, revenues increased 14% to $50.8M. Net loss rose 35% to $2.3M. Revenues reflect an increase in comparable store sales and additional stores. Higher loss suffered from increased interest expenses due to higher debt levels. National Record Mart, Inc QUARTERLY SUMMARY HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars) REVENUE 1996 1997 1998 1999 1st Qtr JUN 19,017 20,142 21,013 24,435 2nd Qtr SEP 20,865 21,024 23,691 26,368 3rd Qtr DEC 33,857 35,959 41,706 4th Qtr MAR 25,345 22,314 26,078 EPS (U.S. Dollars per share) 1st Qtr JUN -0.290 -0.260 -0.190 -0.250 2nd Qtr SEP -0.220 -0.220 -0.160 -0.220 3rd Qtr DEC 0.320 0.490 0.560 4th Qtr MAR -0.600 -0.240 -0.060 DIVIDENDS EMPLOYEES Last Dividend Decl. $ NA # Employees 1,186 Last Div Ex-Date NA Sales/Employee (TTM) 99,989 Last Div Pay Date NA Net. Income/Empl.(TTM) 247 National Record Mart, Inc EQUITY, OFFICERS & ADDRESS
Common Stock $.01 Par, 11/98, 9M auth., 5,054,671 issd., less 304,592 shs. in Treas. @ $969K. Insiders control approx. 28%. Initial Public Offering 8/93, 1,700,000 shs. @ $7.50 by Ladenburg, Thalmann & Co., Inc. (As of 3/98) LT debt: $19.4M @ Prime + .25%, $29K in capital leases. OFFICERS: William A. Teitelbaum, Chmn./CEO/Pres., Theresa Carlise, Sr. VP/CFO/CAO/Treas./Secy., George Balicky, Sr. VP. TRANSFER AGENT: ChaseMellon Shareholder Services. Company incorporated in Delaware. Direct inquiries to: Theresa Carlise, Sr. VP/CFO/CAO/Treas./Secy. ADDRESS & PHONE NUMBERS National Record Mart, Inc 507 Forest Avenue Carnegie, PA 15106 PHONE: (412) 276-6200 FAX: (412) 276-6201 |