US-based New York & Company Inc. notes flat GAAP net loss in the second fiscal quarter ended on August 1, 2015. The apparel retailer said its GAAP net loss for the second quarter FY2016 was US $ 0.1 million, unchanged from the prior fiscal second quarter.
The company’s net sales surged 4.34 per cent to US $ 235.7 million in the quarter under review as against US $ 226.1 million in the second quarter of last FY.
New York & Company Inc. is – apparel retailer, has over 504 retail stores.
