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Thursday, Mar 28, 2024

Another Lackluster Quarter for Earl Scheib

The Sherman Oaks paint and auto body repair company Earl Scheib Inc. reported its second quarter income dropped 68 percent from the same period last year, a product of poor sales and high gas prices, the company reported Tuesday. Income for the quarter totaled $100,000, or $0.02 per diluted share, compared to $315,000, $0.07 a share, from the same 2005 period. Revenue totaled $12.0 million, 5.4 percent lower from last year.

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