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Fri, 08 Aug 2008
Star Gas posts fiscal 3Q gain of $11.85M
The nation’s largest retail distributor of home heating oil, Star Gas Partners L.P. (NYSE: SGU), posted a profit of $11.85 million for its fiscal third quarter – compared with a year-ago net loss of $8.27 million – on total sales that rose 16.01 percent to $248.07 million. “Margin management is crucial, since a large portion of our operating costs … are of a fixed nature,” said CEO Daniel P. Donovan.
Read more here
posted at: 12:01am on 08-Aug-2008
path: /Rhode_Island_USA | permalink
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