The 4Less Group, Inc. Reports Earnings Results for the Second Quarter Ended July 31, 2020
September 14, 2020 at 09:04 pm
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The 4Less Group, Inc. announced earnings results for the second quarter ended July 31, 2020. For the second quarter, the company announced sales was USD 2.927 million compared to USD 2.059 million a year ago. Net income was USD 394,962 compared to USD 246,579 a year ago. Basic earnings per share from continuing operations was USD 0.52 compared to USD 148.72 a year ago. Diluted eps - continuing operations was USD 0 compared to diluted loss per share from continuing operations of USD 3.07 a year ago. For the half year, sales was USD 4.927 million compared to USD 4.327 million a year ago. Net income was USD 1.581 million compared to net loss of USD 1.566 million a year ago. Basic earnings per share from continuing operations was USD 2.39 compared to basic loss per share from continuing operations of USD 1,614.95 a year ago. Diluted eps - continuing operations was USD 0 compared to diluted loss per share from continuing operations of USD 1,614.95 a year ago.
Auto Parts 4Less Group, Inc. is an industry-driven enterprise and multi-seller online marketplace built purely for the automotive industry and specifically serves those in need of automotive, truck, motorcycle, all-terrain vehicle (ATV), utility task vehicle (UTV), and boat parts. Its flagship automotive marketplace with the potential to offer buyers a range of automotive parts for cars, trucks, boats, motorcycles and RVâs on a single platform. Its product categories include tools and supplies, other parts, powersports parts, boat parts, car & truck parts, commercial truck parts, and motorcycle parts. For sellers it offers free sign-up and onboarding, a low marketplace sales fee and instant payments. Its tools and supplies product offers air compressors, air tools, auto paints & supplies, auto safety kits and supplies, auto toolboxes and storage, automotive care and detailing, automotive repair kits, battery testers and chargers, fluids & chemicals and more.