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Frederick's Of Hollywood Group Turns To Profit In Q3

Frederick's of Hollywood Group Inc. (FOH) reported that its third-quarter net income was $3.3 million or $0.09 per share, compared to a net loss of $0.4 million or $0.01 per share in the prior year quarter.

Net sales for the quarter decreased 7.4% to $30.2 million from $32.6 million last year. Comparable store sales increased 0.7% as compared to the three months ended April 30, 2011.

by RTTNews Staff Writer

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