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LXRandCo, Inc.

10:18 AM EST - LXRandCo, Inc. : Reported continued improvement in its financial results for the second quarter ended June 30, 2019. Net revenue was just 8% lower at $8.6 million compared $9.3 million, with average store sales increasing by 13%. Gross profit increased 53% to $2.9 million from $1.9 million. Gross profit margin increased to 33% of revenue from 20%. Net loss improved to $2.2 million from $9.0 million. LXRandCo, Inc. shares T.LXR are trading up $0.02 at $0.30.