Dover Saddlery (DOVR) Reports Q1 Loss of $0.14/Share
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Dover Saddlery Announces First Quarter 2015 Financial Results
May 15, 2015 4:00 PM EDTLITTLETON, MA -- (Marketwired) -- 05/15/15 -- Dover Saddlery, Inc. (NASDAQ: DOVR), the leading omni-channel retailer of equestrian products, today reported financial results for the first quarter ended March 31, 2015.
Total revenues for the first quarter of 2015 increased 16.0% to $22.8 million, from $19.7 million achieved in the first quarter of 2014. Revenues in the retail channel increased 27.4% to $11.2 million from $8.8 million, due primarily to the opening of new stores in 2014; while same-store sales for the first quarter of 2015 increased 3.0%.
The net loss for the first quarter of 2015 was $(776,000), or $(0.14) per diluted share, compared to $(543,000) or... More
