THE VIRGINIAN-PILOT Copyright (c) 1994, Landmark Communications, Inc. DATE: Thursday, November 17, 1994 TAG: 9411170456 SECTION: BUSINESS PAGE: D01 EDITION: FINAL SOURCE: From staff reports LENGTH: Short : 20 lines
Home Quarters Warehouse Inc., the Virginia Beach-based home-store chain, reported that its operating profit for the third quarter rose 8 percent, to $13.5 million, on a 42 percent increase in sales. HQ's results helped contribute to a 37.5 percent earnings increase for its parent company, Landover, Md.-based Hechinger Co., for the third quarter. Hechinger's flagship Hechinger store chain drove the parent company's latest earnings growth with a 73 percent rise in operating profit for the third quarter. by CNB