Connecting the dots
At Northeast Delta Dental, our mission guides us to prioritize social impact, essentially the good we can do in our community with the resources we have available.
Brookstone releases first quarter numbers
Brookstone Incorporated today announced an increase in net and same-store sales for first quarter 2007.
The specialty lifestyle development and retail company reported net sales of $83 million for the 13-week period ending March 31, 2007, up 8.4 percent from the same time period last year. Same-store sales increased by 9.2 percent.
Chief Executive Officer Lou Mancini credits the increase in same-store sales with the company’s introduction of new products and sales incentives.
While the company reported $11.7 million in loss from continuing operations for the first quarter, the number is 20 percent below last year’s reported loss from continuing operations of $14.6 million.
Brookstone reported $11.2 million in overall net loss for first quarter 2007, down 1 percent from a reported first quarter 2006 loss of $11.3 million.
The company ended first quarter 2007 with $30.8 million in cash and no cash borrowings under its asset-backed lending agreement.
Headquartered in Merrimack, Brookstone Inc. operates 306 retail stores worldwide and an e-commerce Web site. — TRACIE STONE
