dELiA*s Q1 loss narrows, achieves 16% rise in total sales
06 Jun '06
4 min read
The company's Retail Segment reported a loss from operations (before interest) of $3.1 million for the first quarter of 2006, as compared to an operating loss of $2.3 million for the first quarter of 2005. The increase in the Retail Segment loss was primarily the result of the deleveraging associated with the lower comparable store sales.
dELiA*s Inc is a direct marketing and retail company comprised of three lifestyle brands primarily targeting consumers between the ages of 12 and 19. Its brands -- dELiA*s, Alloy and CCS -- generate revenue by selling apparel, accessories, footwear, room furnishings and action sports equipment predominantly to teenage consumers through direct mail catalogs, websites and, for dELiA*s, mall-based specialty retail stores.