West 49's lower prices drive comparable store sales growth
05 Sep '08
3 min read
Gross margin for the period was $14.4 million, or 17.2% of net sales, compared to $18.2 million, or 21.8% of net sales for the same period a year earlier.
EBITDA loss for the period was $5.0 million compared to $1.7 million, normalized, for the first six months of last year. Net loss for the year-to-date was $5.9 million, or $0.09 per share, compared to normalized net loss of $3.3 million, or $0.05 per share, for the same period a year earlier.
Net loss per share is based on a weighted average of 63,544,818 common shares outstanding during the six months ended July 26, 2008 compared to 63,231,249 during the six months ended July 28, 2007.
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