New Look Vision Group Reports Record Results in Q2

New Look reported a 6.1% increase in comparable store sales over the same period last year reaching $46.8 Million for the quarter ending July 27th and net earnings of $4.4 Million up 42.4%. Strong sales results were attributed to growth across all banners and the addition of Greiche & Scaff acquired in October 2014.

Antoine Amiel, President, commented that, “Q2 was another strong and record quarter in revenue and profitability, evidence of the ongoing success of the company’s focus on operations and aggressive growth strategy. We continue to closely monitor developments in the consolidation of the Canadian retail optical industry.”

Source:

English Press Release: http://www.newlook.ca/data/pdf/press/2015/en/7-BCI-press-release-june-2015.pdf

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