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Article: FURR'S/BISHOPS'S ANNOUNCES FINANCIAL RESULTS FOR 1995
- Article from:
- PR Newswire
- Article date:
- April 1, 1996
CopyrightCOPYRIGHT 1996 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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LUBBOCK, Texas, April 1 /PRNewswire/ -- Furr's/Bishop's, Incorporated (NYSE: CHI) announced today its financial results for the fourth quarter and full fiscal year 1995. Revenues for the 52 week fiscal year ended Jan. 2, 1996, were $210.2 million, compared to $225.3 million for the 53 week fiscal 1994. Revenues for fiscal 1995 were lower than the prior year by $9.5 million as a result of 19 fewer units being included in operating results for the current year. Revenues were also lower in fiscal 1995 by approximately $3.7 million due to there being one less week than the prior year.
Operating loss for fiscal 1995 was $11.3 million compared to operating income of ...