Red Sox To Sell Fenway Franks Outside Ballpark PGA Of America Launches Task Force MLS Launching Online Image Store Competitor Group Hires Abeles As New CEO Palm Beach County Eyes New Ballpark NHL GMs To Recommend Minor Changes Source: Jackson, Knicks Have Deal In Principle Inaugural AAC Tourney Set To Tip Off Ad Inventory For NCAA Tourney 95% Sold Sporting KC Unveils '14 TV Schedule
The Marquee Group announced financial results for the year ended December 31, 1997, its first complete year as a public company. For the year, revenues were $21.3M versus $2.9M for the previous year. Earnings before interest, taxes, depreciation and amortization and non-recurring charges were $0.5M compared to a loss of $1.9M in '96. For '97, the company posted a slight operating loss of $23,000 compared to a loss of $2M the previous year. The net loss for the year was $1.3M with a net loss per share of $0.15. This compares with the previous year's net loss of $2.4M and net loss per common share of $1.03 (Marquee Group)....In CO, Erika Gonzalez reported that retailers nationally posted $1.68B in sales of snow sports equipment from August '97 to January '97, a 3.7% drop from the same period last year, according to SnowSports Industries America. The group cited El Nino-related weather problems across the country as the reason for the decline (ROCKY MOUNTAIN NEWS, 3/17).