Movie Gallery: Rentals DOTHAN, Ala. -- In commenting on its third-quarter results, Movie Gallery here attributed lower-than-expected earnings to heavy sales of "Titanic," which cut into rental volume. Same-store sales for the period ended Oct. 4 were up 4.6% and cash flow was set to improve to between $5.5 million and $6.5 million from $3.2 million the year before. "We are pleased with our same-store sales and cash-flow performance for the quarter," said J.T. Malugen, chairman and chief ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.