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Article: Business briefs
- Article from:
- Charleston Gazette
- Article date:
- February 21, 2008
CopyrightCopyright 2008 Charleston Gazette. Provided by ProQuest LLC. (Hide copyright information)
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Huntington's Champion reports 1Q flat profit
HUNTINGTON - A strong 15.3 percent increase in sales didn't
translate into higher profits for office furniture and printing
company Champion Industries in the first quarter.
Financial results released Wednesday show Champion earned $1.27
million, or 13 cents per share, in the three months ended Jan. 31.
Champion earned $1.26 million, or 13 cents per share, in first-
quarter 2007.
Revenue climbed to $40.3 million this year, compared with $34.9
million in 2007.
Champion's purchase of The Herald-Dispatch newspaper was
responsible for much of the increase. Champion says the Huntington
daily generated approximately $5 million in revenue during the ...