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Coastal Contacts Posts Q2 Loss

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Coastal Contacts Q2 13 Earnings Conference Call At 4:30 PM ET

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6/14/2012 4:11 PM ET

Coastal Contacts Inc. (COA.TO: Quote) Thursday reported second-quarter loss of C$0.2 million or breakeven per share, compared to earnings of C$0.1 million or breakeven per share last year.

Sales for the quarter grew to C$48.2 million from C$43.8 million last year. Gross margin, or gross profit as a percent of sales, dropped to 43 percent from 44 percent last year.

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