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UPDATE: New York & Co Posts Narrower Q3 Loss

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Mid-Afternoon Market Update: New York & Company Falls On Weak Results; InterOil Shares Spike Higher

New York & Co (NYSE: NWY) posted a narrower fiscal third-quarter loss.

New York & Co posted a quarterly loss of $3.8 million, or $0.06 per share, versus a year-ago loss of $9 million, or $0.15 per share.

Its revenue climbed 1.2% to $219.3 million. However, analysts were expecting a loss of $0.07 per share on revenue of $216 million.

Its same-store sales rose 0.7%.

New York & Co shares gained 5.65% to close at $3.74 yesterday.

Posted-In: lossEarnings News

 

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