The stock lost 55 cents, or nearly 2 percent, to $30. Cost-cutting measures offset a 3 percent drop in revenue to $145. Lehman Brothers analyst Thomas Bacon predicted a weak open for the stock in a note to investors. Same-store sales, or sales at locations open at least one year, is a key measure of retailer performance because it measures growth at existing stores. Both analysts expressed concern about the company’s future growth potential and the impact of its pending $112. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press. read more
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