TITLE

Gallery Back in the Red

AUTHOR(S)
Gruenwedel, Erik
PUB. DATE
March 2008
SOURCE
Home Media Magazine;3/23/2008, Vol. 30 Issue 12, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the business loss of Movie Gallery Inc. after it had filed bankruptcy in the U.S. The video rental chain has posted a net loss of $469,000 on consolidated revenue of $200 million from January 7 to February 10, 2008. The company's profit reached to $4.1 million on the $131.2 million revenue of its subsidiary Hollywood Video. It has reported a net loss of $4.5 million on revenue of $68.6 million at its stores.
ACCESSION #
31523547

 

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