The 4Less Group, Inc. Reports Earnings Results for the Second Quarter Ended July 31, 2021
September 14, 2021 at 08:48 pm
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The 4Less Group, Inc. announced earnings results for the second quarter ended July 31, 2021. For the second quarter, the company announced sales was USD 2.586 million compared to USD 2.927 million a year ago. Operating loss was USD 1.428 million compared to operating Income of USD 83,110 a year ago. Net loss was USD 1.752 million compared to net income of USD 394,962 a year ago. Basic loss per share from continuing operations was USD 0.67 compared to basic earnings per share from continuing operations of USD 0.52 a year ago. Diluted loss per share from continuing operations was USD 0.67. For the half year, sales was USD 6.315 million compared to USD 4.927 million a year ago. Operating loss was USD 2.670 million compared to USD 125,851 a year ago. Net loss was USD 2.319 million compared to net income of USD 1.581 million a year ago. Basic loss per share from continuing operations was USD 1.02 compared to basic earnings per share from continuing operations of USD 2.39 a year ago. Diluted loss per share from continuing operations was USD 1.02.
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.