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MOVIE GALLERY PROFITS UP

By: Import User
Updated: January 7, 2009
Good news for Dothan based Movie Gallery...the latest round of numbers show a profitable recent quarter for the company. In the last quarter of 2004, revenues were up over 6 percent to just over 208 million dollars for the quarter, and just over 791 million for the year. Also, the chain broke a few records, expanding by some 314 stores and producing record earnings per share. This news comes after a protracted bidding war with Blockbuster to purchase Hollywood Entertainment. If Movie Gallery does purchase Hollywood, it will become the second largest video retailer in the nation.
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