The Bombay Co. Inc. reported a net loss of $3.3 million for its second quarter, compared to a loss of $2.7 million for the same period last year.
The firm attributed these results to delays in correcting problems with marketing and inventory management.
Revenue increased 3% to $100 million, an improvement over $97 million one year ago. The quarter ended Aug. 3.
For the six months ended Aug. 3, the direct marketer and retailer’s net loss was $6.7 million, compared to a loss of $5.7 million last year.
Revenue for the half year improved to $191 million from $188 million.
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