New York & Co. Inc. (NWY) posted third-quarter net loss of $6.30 million or $0.11 per share, compared to a loss of $7.92 million or $0.13 per share in the year-ago quarter. Net sales for the quarter declined to $227.9 million from $249.0 million in the same quarter of last year. Comparable store sales for the third quarter decreased 8.4%, compared to a 14.0% drop in the prior-year period. Analysts polled by Thomson Reuters expected the company to report a loss of $0.08 per share on revenues of $231.89 million.
For the fourth quarter, the company expects comparable store sales trend to sequentially improve due to the positive customer response to the company's merchandise and strong inventory management.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.