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Stock impact report

Live Ventures Subsidiary Vintage Stock Announces Surge in August Sales

Live Ventures Incorporated (LIVE) 
US:NASDAQ Investor Relations: ir.live-ventures.com
Company Research Source: GlobeNewswire
LAS VEGAS, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq:LIVE), a diversified holding company, announced today that its subsidiary, Vintage Stock, reported overall sales in August increased 6.1 percent, while same store sales were up 4.84 percent, all compared to the same period during 2017. Increases were attributed to strong sales of “Avengers Infinity War” and “Deadpool 2” that increased foot traffic in stores. In addition, traffic was increased through an annual sale for the Labor Day holiday, of which one day was included in the August 2018 sales figures. When comparing the full four-day 2018 Labor Day Sale to 2017, same store sales were up 11.89 percent and companywide sales were up 14.05 percent. Increased sales were seen across almost all new and used categories, with a 16 percent increase in movies leading the way. Increases were also attributed to a major investment in chip card readers and the acquisition of mobile numbers to offer sales and promo Show less Read more
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