Fabric wholesale merchant Hancock Fabrics Inc reported that sales in the five-week period ended December 31, 2005 totaled $48.3 million compared with $49.9 million in the same period of the prior year.
Sales in comparable stores decreased 4.9 percent in December.
In the first two months of the fourth quarter, total sales were $86.4 million versus $91.1 million a year ago, and comparable store sales were down 6.8 percent.
Year-to-date, total sales were $371.4 million in 2005 and $395.9 million in 2004.
Comparable store sales in the eleven months to date decreased 7.0 percent.
Hancock Fabrics Inc is a specialty retailer of fabric and related home sewing and decorating accessories.
The Company operates 446 retail fabric stores in 43 states and operates an internet store.
marketing@alchempro.com
