Correction: Movie Gallery to Report 4th-Quarter Same-Store Sales On January 21st, Instead of January 20th.Business Editors DOTHAN, Ala.--(BUSINESS WIRE)--Jan. 14, 2003 Movie Gallery, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MOVI MOVI Move Immediate MOVI MObile VIsualisierung ) announced that it will issue a press release to report fourth-quarter same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. results and initial guidance for 2003 on Tuesday, January 21, 2003, instead of Monday, January 20, 2003, as the Company stated in a news release yesterday. In addition, Movie Gallery will discuss the results of the Company's previously announced analysis of its existing rental inventory merchandise mix and the impact, if any, on the Company's rental inventory amortization method. The Company changed the day of the planned release because the stock markets will be closed on Monday in observance of Martin Luther King, Jr. Day. Movie Gallery currently owns and operates a total of 1,785 video specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" located in 43 states and six Canadian provinces. Movie Gallery is the leading home video specialty retailer primarily focused on rural and secondary markets. |
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