New York & Co. (NWY) reported fourth quarter adjusted net income of $0.06 per share Thursday morning, which was in line with the consensus estimate. The company anticipates a narrowing of its loss in the second quarter versus last year.
New York & Co. has been rising for the majority of early trade Thursday morning and is now up 0.42 at $4.83 on above average volume. The stock has climbed to a 4 1/2 month high.
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