Hancock Fabrics Announces Quarterly Dividend and Issues Update of Hurricane Impact
07 Septiembre 2005 - 5:13PM
Business Wire
The Board of Directors of Hancock Fabrics, Inc. (NYSE:HKF), at a
meeting held September 7, 2005, declared a cash dividend of 6 cents
per share on the outstanding common shares, payable October 15,
2005 to shareholders of record October 1, 2005. Hancock also
reported that the inventory, fixtures and equipment for one store
was destroyed by Hurricane Katrina, while the status of a second
store is uncertain. In total, fifteen of the Company's stores were
closed for at least one full day, and six of those remain closed.
Hancock will be addressing insurance claims in the next few weeks.
Jane Aggers, Chief Executive Officer, stated, "Our top priority is
the health and safety of our associates and their families."
Hancock Fabrics, Inc. is a specialty retailer of fabric and related
home sewing and decorating accessories. The Company operates 447
retail fabric stores in 43 states and operates an internet store
under the domain name, www.hancockfabrics.com.
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