New York & Company Inc. Profit Retreats 49% In Q2

(RTTNews) - New York & Company Inc. (NWY) announced earnings for second quarter that declined compared to the same period last year.

The company said its earnings declined to $0.95 million, or $0.01 per share. This was lower than $1.87 million, or $0.03 per share, in last year's second quarter.

The company said revenue for the quarter fell 1.2% to $232.82 million. This was down from $235.70 million last year.

New York & Company Inc. earnings at a glance:

-Earnings (Q2): $0.95 Mln. vs. $1.87 Mln. last year. -Earnings Decline (Y-o-Y): -49.2% -EPS (Q2): $0.01 vs. $0.03 last year. -EPS Decline (Y-o-Y): -66.7% -Revenue (Q2): $232.82 Mln vs. $235.70 Mln last year. -Revenue Change (Y-o-Y): -1.2%