The Brick Increases Q3 Net IncomeNovember 15, 2012
Canadian furniture retailer The Brick reported third-quarter 2012 sales of $368.5 million, a drop of 0.6 percent from the prior-year period.
The Brick, Edmonton, Alberta, which will be acquired by furniture retailer Leon's, saw net income rise 23.3 percent for the three-month period ended Sept. 30 to $18.7 million, when compared to the prior-year quarter; and corporate same-store sales were up 0.8 percent. Year-to-date same-store sales are up 1 percent.
Click here for the full release on The Brick's third quarter.