Delia’s Net Losses Narrow in Quarter

Delia’s Corp. reported a first quarter net loss of $4.3 million, an improvement over $8.3 million for the same quarter last year.

The cataloger, retailer and online marketer reported net sales of $28.8 million, a 6.4% decrease from $30.7 million last year. The quarter ended May 5.

The New York-based company attributed these results to planned reductions in catalog circulation that were partially offset by a slight increase in store sales.