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E Com Ventures Inc. Reports Fiscal Year 2006 Results.
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PR Newswire
- Article date:
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May 7, 2007
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Copyright informationCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SUNRISE, Fla., May 7 /PRNewswire-FirstCall/ -- E Com Ventures, Inc., announced today the results of operations for its 2006 fiscal year ended February 3, 2007.
Total revenues for fiscal year 2006 were $243.6 million, an increase of 4.2 over the $233.7 million reported for the prior year. Retail sales for fiscal year 2006 were $229.8 million, a 6.5 increase over the prior year, of which 1.3 related to the fifty-third week of fiscal year 2006; fiscal year 2005 contained fifty-two weeks. Of this increase, 2.3 resulted from comparable stores sales improvements, excluding the extra week in fiscal year 2006. Gross profit for fiscal year 2006 was $103.9 million, a 7.7 increase ...
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