12:02 PM EST - Hart Stores Inc. : announced first quarter financial results, reporting net loss of $304,000 or $0.02 per share compared to net earnings of $13,000 or breakeven per share in the same quarter of previous year. Quarterly sales increased 4.8% to $30.1 million, from $28.7 million in the comparable quarter of last year. The company also announced that its board declared a quarterly dividend of $0.10 per share, which payable on July 11, 2007, to shareholders of record on June 21, 2007. Hart Stores Inc.
shares T.HIS are trading unchanged at $4.79.
