Duckwall-ALCO posts 3Q loss
ABILENE, Kan. – Duckwall-ALCO Food Inc., which runs retail food that serve abate communities, on Thursday acquaint a hardly abate accident in the third division alike as sales fell.
The company, based in Abilene, Kan., absent $1.4 million, or 38 cents per share, in the division that concluded Nov. 1. That compares with a accident of $1.7 million, or 44 cents per share, a year earlier.
CEO Larry Zigerelli said the aggregation had cut operating costs to advance its after-effects alike as sales fell.
Revenue fell 3 percent in the division to $111.5 actor from $114.9 million.
Sales at food accessible at atomic a year fell 1.7 percent during the quarter. These are a key admeasurement of banker achievement because it is not skewed by new abundance openings and closings.
Duckwall-ALCO shares rose 5 cents to $16.05 in backward afternoon trading.
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