dELiA*s Inc. (DLIA: Quote) reported that its second-quarter net loss narrowed to $5.2 million, or $0.17 per share, from $9.6 million, or $0.31 per share in the same quarter last year.
Total revenue increased 8.9% to $48.3 million from $44.3 million in the second quarter of fiscal 2011.
Walter Killough, Chief Executive Officer, said, "We are extremely pleased with our second quarter performance in both our retail and direct segments. Our results were driven by favorable customer reaction to the changes in our merchandise assortments and visual presentation for our dELiA*s brand, which led to double digit increases in both comparable store sales and in our dELiA*s direct business, as well as higher merchandise margins."
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by RTT Staff Writer
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