Calloway's Nursery Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, sales were $5.0 million for 2009, compared to sales of $5.7 million for 2008. Same-store (16 stores) sales were $4.3 million for 2009, compared to same-store sales of $5.1 million for 2008. Net loss was $1,386,000 for 2009, compared to net loss of $850,000 for 2008. The 2008 quarter included a $140,000 extraordinary gain on the involuntary conversion of assets. Diluted net loss per common share was $0.20 for 2009, compared to diluted net loss per common share of $0.12 for 2008. The 2008 quarter included $0.02 per-share extraordinary gain on the involuntary conversion of assets. Loss before provision for income taxes and extraordinary gain was $1,174,000 as compared to income before provision for income taxes and extraordinary gain of $1,276,000 for the same period prior year. For the nine months, the company's sales were $30.3 million for 2009, compared to sales of $35.8 million for 2008. Same-store (16 stores) sales were $25.4 million for 2009, compared to same-store sales of $27.4 million for 2008. Net loss was $787,000 for 2009, compared to net income of $947,000 for 2008. The 2008 period included a $140,000 extraordinary gain on the involuntary conversion of assets. Diluted net loss per common share was $0.11 for 2009, compared to diluted net income per common share of $0.14 for 2008. The 2008 period included $0.02 per-share extraordinary gain on the involuntary conversion of assets. Loss before provision for income taxes and extraordinary gain was $2,011,000 as compared to income before provision for income taxes and extraordinary gain of $1,484,000 for the same period prior year. Net cash provided by operating activities was $139,000 as compared to $93,000 for the same period prior year. Additions to property and equipment amounted to $923,000 as compared to $1,955,000 for the same period prior year.

Calloway's Nursery Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. Sales were $16.5 million for the second quarter of 2009, compared to sales of $20.3 million for 2008. Same-store (16 stores) sales were $13.6 million for 2009, compared to same-store sales of $15.1 million for 2008. Net income was $0.9 million for 2009, compared to net income of $1.9 million for 2008. Basic and diluted net income per common share was $0.12 for 2009, compared to diluted net income per common share of $0.28 for 2008. Income before provision for income taxes was $1.3 million against $3 million for 2008. Sales were $25.2 million for the six months of 2009, compared to sales of $30.0 million for 2008. Same-store (16 stores) sales were $21.1 million for 2009, compared to same-store sales of $22.3 million for 2008. Net income was $0.6 million for 2009, compared to net income of $1.8 million for 2008. Basic and diluted net income per common share was $0.09 for 2009, compared to diluted net income per common share of $0.26 for 2008. Income before provision for income taxes was $0.83 million against $2.8 million for 2008. Net cash provided by operating activities was $2.3 million against $3.4 million for 2008. Additions to property and equipment were $1.11 million against $5.12 million for 2008.

Calloway's Nursery Inc. reported unaudited consolidated financial results for the first quarter ended March 31, 2009. For the quarter, sales were $8.7 million compared to sales of $9.8 million for the 2008 quarter. Same-store sales were $7.5 million compared to same-store sales of $7.1 million for the 2008 quarter. Loss before provision for income taxes was $470,000 against the $188,000 for the same period a year ago. Net loss was $257,000 compared to net loss of $124,000 for the 2008 quarter. Diluted net loss per common share was $0.04 compared to diluted net loss per common share of $0.02 for the 2008 quarter. Net cash provided by operating activities was $1,045,000 against the $508,000 for the same period a year ago. The company spend $860,000 on additions to property and equipment against the $2,576,000 for the same period a year ago.