$ARCI News:
Highlights, which are comparable to the same period of 2016, include:
-Revenues of $25.7 million, an increase of 4.1 percent
-Gross profit of $8.7 Million, an increase of 35 percent
-Operating Income of $2.5 Million, compared to a loss of $1.1 Million
-SG&A of $6.1 Million, a reduction of 18 percent
-Net Income of more than $2 Million, or, $0.31 earnings per share, compared to a previous loss of $2.1 Million
-Cash flow from operations of approximately $3.3 Million for the 26 weeks ended July 1, 2017
-Stockholders Equity increased to $15.1 Million ($2.27 per share), an increase of 40.1 percent year to date