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Angelica Corporation
Angelica Announces Fourth Quarter and Fiscal Year 2007 Results
April 25th, 2008
Angelica Corporation (NYSE: AGL) announced financial results for its fourth quarter and fiscal year 2007 ended January 26, 2008. In addition, the Company confirmed that the closure and sale of its Edison, New Jersey facility was completed in January, 2008. As noted below, Edison had a significant negative impact on fiscal year 2007 results. The Company also confirmed that its strategic alternatives review process, including a possible sale of the Company, continues. Fourth Quarter Results, Three Months ended January 26, 2008 Revenues for the fourth quarter of fiscal 2007 were $105.8 million, up 0.1% from $105.7 million for the...
Source: Health Business Week (2008-04-25)
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