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TWICE - December 6, 2004

Cover Story
Ultimate Sales Slip In Third Quarter, Operating Loss Cut

Traffic declines, driven by residual impacts from last year, as well as shifting competitive pressures, drove fiscal third-quarter sales at Ultimate Electronics down 1.3 percent to $157.2 million, compared with $159.7 million in the year-ago period. Comp-store sales dropped 8 percent in the three months.



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