WTSLA » Topics » Store-Closure Adjustments

This excerpt taken from the WTSLA 10-K filed Apr 2, 2009.

Store-Closure Adjustments

 

     2007     Change From
Prior Fiscal Year
     2006  
     ($ in millions)  

Store-closure adjustments

   $ —       $ (0.7 )   (100.0 )%    $ (0.7 )

Percentage of net sales

     0.0 %     (0.1 )%      (0.1 )%

As a result of decreases in estimated costs for lease terminations, due primarily to settlement agreements and a decrease in estimated legal and other costs, during fiscal 2006, we recognized a $0.7 million credit to store closure costs.

We incurred no store closure adjustments or costs during fiscal 2007.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki