Financial Report

By Elka Malkis, Financial Manager

Our fiscal year ended on June 30, 2009, so we won't have all the 4th quarter or year-end numbers in until late July, long after the newsletter copy deadline. We have a full audit every year, and the audited statements for the fiscal year will be finished by the independent CPA in September.

We do have a few preliminary numbers for you. Sales at the store for this fiscal year were just under $30,271,000. This is an increase over the previous year's sales of $29,613,433. The average amount spent on each transaction was $31.52; last year it was $30.80. The average number of customers per day during the year was 2,658; last year it was 2,636.

The final numbers for the Warehouse are not available in time for this article, but I expect Warehouse Sales to be around 9 million. Our online store, WedgeWorldwide, had sales of $66,439. Altogether, sales should end up over $39 million.