Orchard Supply Hardware Stores Corp. (OSH) Tuesday said its loss for the first quarter widened from last year, due mainly to lower revenues.
The San Jose, California-based company reported a first-quarter net loss of $4.51 million or $0.75 per share, compared to about one million or $0.16 per share last year.
Total revenues for the quarter dropped to $155.0 million from $163.77 million in the prior-year quarter.
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