Nnejad Posted January 7, 2010 Share Posted January 7, 2010 More good news for Fairfax.... http://www.integratir.com/newsrelease.asp?news=2131023096&ticker=T.BRK.UN&lang=EN Highlights * - December 2009 total retail sales increased 9.1% compared to December 2008. - December 2009 retail same store sales increased by 4.9% compared to December 2008. - Fourth quarter total retail sales improved significantly, with a decline of 1.9% compared with declines of 18.7%, 29.3% and 13.8% in the first, second and third quarters respectively, of 2009. - In the retail segment, fourth quarter same store sales decline over the comparable period in 2008 was 7.3% compared with declines of 21.9%, 33.0% and 19.0% in the first, second and third quarters respectively, of 2009. - The Brick Group's cash and liquidity position strengthened with zero borrowings under the GE asset-based credit facility and $68.0 million undrawn and available for use under this facility at December 31, 2009. - Cash and cash equivalents totaled approximately $18.0 million at December 31, 2009. Link to comment Share on other sites More sharing options...
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