OKLAHOMA CITY -- Homeland Holding Corp. here said results for the first quarter ended March 22 reflect progress toward the company's goal of increasing unit sales. ined 3.7% to $5.5 million. The company said it had a net loss of $2.4 million for the quarter; however, excluding amortization of excess reorganization value, net income was down 27.5% to $871,000. According to David B. Clark, president and chief executive officer, "Although same-store sales for the quarter declined, our ...
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