May 8, 2008
Sales Down For Littleton Equestrian Co.
Littleton-based Dover Saddlery lost $359,000 in the first quarter of 2007 and saw net revenues drop 4.9 percent to $17.7 million.
The loss was 61 percent less than in the same quarter last year, when Dover lost $915,000, mainly due to a lawsuit settlement.
The company said the continuing loss was a result of soft customer demand. It also said it is reviewing its plan to open four to six new retail stores this year in light of the weak retail environment.
The loss was 61 percent less than in the same quarter last year, when Dover lost $915,000, mainly due to a lawsuit settlement.
The company said the continuing loss was a result of soft customer demand. It also said it is reviewing its plan to open four to six new retail stores this year in light of the weak retail environment.
WBJ Web Partners
Most Recent
Most Recent
0 Comments