TABLE - Peapod Inc. Q1 loss widens
April 28, 1999 04:01 PM
SKOKIE, Ill., April 28 (Reuters) -
Peapod, Inc.
Financial Summary
(in thousands, except per share and operating data)
(unaudited)
Quarter Ended
March 31,
Statement of Operations: 1999 1998
Net Sales $18,008 $18,864
Cost of Sales 14,366 14,573
Gross Profit 3,642 4,291
Operating Expenses:
Fulfillment operations 5,152 4,518
General and
administrative 1,554 1,737
Marketing and
advertising 1,238 1,672
System development
and maintenance 723 610
Depreciation &
amortization 474 463
Total operating expenses 9,141 9,000
Operating loss (5,499) (4,709)
Other income (expense):
Interest income 478 783
Interest expense (48) (56)
Net loss (5,069) (3,982)
Net loss per share:
Basic (0.29) (0.24)
Diluted (0.29) (0.24)
Shares used to compute
net loss per share:
Basic 17,188,508 16,859,437
Diluted 17,188,508 16,859,437
March 31,
Balance Sheet: 1999 1998
Cash, cash equivalents
and marketable securities $30,372 $53,077
Total assets 38,060 59,990
Long-term obligations 681 561
Total stockholders' equity 29,191 50,862
Operating Data:
Members 92,600 103,800
Orders 135,200 136,600
Numbers of markets 8 7
Households in
service area 7,109,600 6,105,000
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REUTERS
ALERT
PEAPOD Q1 SHR LOSS $0.29 VS LOSS $0.24
REUTERS |
