Hancock Fabrics Reports 2nd Quarter and First Half 2015 Operating Results

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BALDWYN, Miss.--(BUSINESS WIRE)--Hancock Fabrics, Inc. (OTC symbol: HKFI) today announced financial results for its second quarter ended August 1, 2015 and first half of fiscal 2015. Financial results for the second quarter include: Net sales for the quarter were $58.7 million compared to $59.3 million for second quarter of last year, and comparable store sales decreased 1.3% following a 0.9% increase for the same period of the prior year. Gross margin for the second quarter declined by 250 bas

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