German fashion and lifestyle company Tom Tailor Holding AG (TTI.DE,TTI.BE,TTI.MU) reported a first-quarter loss of 8.6 million euros, wider than 5.2 million euros in the previous year.
Loss per share was 0.40 euros, compared to a loss of 0.29 euros per share in the prior year.
On an adjusted basis, loss per share was 0.16 euros, while the company posted 0.12 euros per share last year.
Earnings before interest, taxes, depreciation and amortization, or EBITDA, increased to 6.3 million euros from 1.2 million euros in the year-ago quarter. Adjusted EBITDA was 9.9 million euros, compared to 4.6 million euros in the prior year.
Quarterly sales climbed 90% to 196.8 million euros from 103.6 million euros a year earlier. The TOM TAILOR brand grew in all distribution channels and increased its sales by 19.5% to 123.8 million euros.
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