Ultimate Electronics Reports Sales Results for the Quarter Ended July 31, 2004
05 8월 2004 - 8:00PM
PR Newswire (US)
Ultimate Electronics Reports Sales Results for the Quarter Ended
July 31, 2004 DENVER, Aug. 5 /PRNewswire-FirstCall/ -- Ultimate
Electronics, Inc. (NASDAQ:ULTE) today announced its sales results
for the quarter ended July 31, 2004. Sales for the quarter ended
July 31, 2004 were approximately $152.9 million, a decrease of less
than 1% from $154.2 million for the same period in the previous
year. Comparable store sales were down approximately 9% for the
quarter ended July 31, 2004. Reported sales numbers are preliminary
and subject to adjustment. Ultimate Electronics is scheduled to
release its second quarter earnings results on the morning of
Thursday, August 26, 2004 and to hold a conference call at 11:00
a.m. Eastern Time on August 26, 2004 to discuss second quarter
results. The statements made in this news release, other than those
concerning historical financial information, are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are made based upon
management's current expectations and beliefs concerning future
developments and their potential effects upon the company. These
forward-looking statements include statements regarding sales for
the second quarter and the timing of the company's earnings
release. Actual results may differ materially from those included
in the forward-looking statements due to a number of factors,
including, but not limited to: risks associated with the operation
of the company's new management information system; changes in
personnel; terrorism and acts of war; and other risks identified in
the company's Annual Report on Form 10-K for the fiscal year ended
January 31, 2004, filed with the Securities and Exchange Commission
on April 16, 2004. There can be no assurance that future
developments affecting the company will be those anticipated by
management. The company disclaims any obligation to update or
revise any of the forward-looking statements that are in this news
release. About Ultimate Electronics, Inc. (NASDAQ:ULTE) Ultimate
Electronics is a leading specialty retailer of home entertainment
and consumer electronics products in 14 states. The company
operates 65 stores, including 54 stores in Arizona, Idaho,
Illinois, Iowa, Kansas, Minnesota, Missouri, Nevada, New Mexico,
Oklahoma, South Dakota, Texas and Utah under the trade name
Ultimate Electronics(R) and 11 stores in Colorado under the trade
name SoundTrack(R). In addition, the company operates Fast Trak
Inc., an independent electronics repair company and a wholly owned
subsidiary of Ultimate Electronics. During the past two years, the
company received numerous industry awards including Audio Video
International's 2003 "Top 10 Audio/Video Retailer of the Year." For
further information, please contact David A. Carter, Chief
Financial Officer of Ultimate Electronics, Inc., +1-303-801-4025.
DATASOURCE: Ultimate Electronics, Inc. CONTACT: David A. Carter,
Chief Financial Officer of Ultimate Electronics, Inc.,
+1-303-801-4025 Company News On-Call:
http://www.prnewswire.com/comp/877054.html
Copyright
Ultimate Electronics (NASDAQ:ULTE)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Ultimate Electronics (NASDAQ:ULTE)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
Ultimate Electronics (MM) (나스닥)의 실시간 뉴스: 최근 기사 0
More Ultimate Electronics (MM) News Articles