Value Line Announces Sale of an Operating Facility

7/31/16

NEW YORK--(BUSINESS WIRE)--Value Line, Inc., (NASDAQ:VALU) announced that on July 29, 2016, Value Line, Inc. closed the sale of its 85,000 sq ft distribution, fulfillment and warehouse operating facility located in East Rutherford, New Jersey and expects to report an increment to net profits after tax for the first quarter of fiscal 2017 (ending July 31, 2016) of approximately $5.39 million. The distribution, fulfillment and warehouse operations were recently relocated to an alternative 24,000 sq ft leased facility in the same geographic area.