- Harbor Custom Development Inc (NASDAQ:HCDI) shares are soaring after Kitsap Community Resources waived all contingencies in the sale of Mills Crossing townhomes in Bremerton, Washington.
- Kitsap has also released their $400,0000 of non-refundable earnest money to Harbor.
- Kitsap Community Resources contracted to purchase Mills Crossing for $14.25 million and anticipates closing on or before June 16, 2023.
- Mills Crossing is a 36-unit townhome project located at Washington with two-bedroom, two-bathroom townhome rentals average 1,425 square feet.
- “We are pleased to partner with Kitsap Community Resources on the sale of Mills Crossing, and excited about the chance to provide high-quality, affordable housing to families in Kitsap County,” stated President and CEO Sterling Griffin.
- Price Action: HCDI shares are trading higher at 134.9% at $11.20 on the last check Wednesday.
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Foot Locker Q2 EPS $1.10 Down From $2.21 YoY, Sales $2.06B Miss $2.07B Estimate
Foot Locker (NYSE:FL) reported quarterly earnings of $1.10 per share. This is a 50.23 percent decrease over earnings of $2.21 per share from the same period last year. The company reported quarterly sales of $2.06
