Champion Industries Earnings Improve Despite Net Loss

Champion Industries on June 14 announced a reduced second quarter 2013 net loss from continuing operations of $700,000, compared to a net loss from continuing operations of $21.0 million for the quarter that ended April 30, 2012.

Champion reported a net loss from discontinued operations for the fiscal second quarter of $101,000 compared with net income of $25,000 last year.

In the earnings release, the company attributed its sales compression to softness in the West Virginia market and certain customer-specific attrition.