A disruption in product flow because of the West Coast port dispute led to a drop in same store sales for Hancock Fabrics in the first quarter.
Hancock Fabrics has announced that James B. Brown will be joining Hancock Fabrics as EVP and CFO on March 18, reporting to Steve Morgan, president and CEO.
Hancock Fabrics reported that net sales for the second quarter increased 5% to $60.5 million from $57.8 million for second quarter of last year, and comparable-store sales improved by 5%.
Hancock Fabrics reported that net sales for its fourth quarter were $78.4 million compared with $77.7 million in the fourth quarter last year, and comparable-same store sales increased 0.7%, compared with a 1.3% decrease in the previous year.
Hancock Fabrics reported that net sales for the quarter were $63.1 million compared with $64.1...