Delia's Lowers 3rd-Quarter Loss to $3.2 Million

Share this article:
Delia's Inc. said yesterday that its fiscal third-quarter net loss narrowed from a year earlier when the teen retailer experienced costs related to a restructuring, according to reports.


The company's net loss fell to $3.2 million for the quarter ended Nov. 3 from $42.7 million a year earlier.


For the year-ago period, the company reported a loss of $6.8 million before restructuring and other charges.


Net sales plummeted 38 percent to $32.5 million from $52.3 million a year earlier. Year-ago sales excluding sales from divested businesses totaled $27.4 million.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.