New York & Company Inc. (NWY) is on the rise during pre-market trading on Friday following the release of quarterly results. At 9:12 am ET the stock is trading at $10.64 up $0.64 from Thursday's close.
With the advance, the stock stands to open at a level that challenges a 52-week high.
The company reported second quarter net income of $8.78 million, or $0.14 per share, compared to $3.5 million, or $0.06 per share, in the same period last year.
Net income from continuing operations for the quarter was $8.61 million, or $0.14 per share, versus prior year quarter's $5.04 million, or $0.08 per share.
Quarterly net sales were $295.7 million, compared to $285 million in the same period last year. Comparable store sales for the quarter decreased 2.2%, compared to a 4.9% increase in the prior year second quarter.
Analysts polled by First Call/Thomson Financial expected the company to report earnings for the quarter of $0.09 per share on $283.61 million sales.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.