Delia*s, Inc. (DLIA) Reports Q4 Loss of $0.18/Share; Retains Janney as Advisor
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Delia*s, Inc. (NASDAQ: DLIA) reported Q4 EPS of ($0.18), versus ($0.13) reported last year. Revenue for the quarter came in at $66.22 million, versus $65.59 million reported last year.
Comparable store sales decreased 0.3% compared to the comparable period of the prior year.
The Company has retained Janney Montgomery Scott LLC as strategic advisor to the Board of Directors. The initial focus will be on the potential disposition of the Company’s Alloy brand. The Board of Directors has not set a definitive timetable for any transaction, and there can be no assurance that Janney’s retention will result in any specific action or transaction. The Company does not intend to disclose or comment on developments until such time as the Board takes action, if any, or otherwise deems disclosure appropriate or required.
Walter Killough has agreed to continue to serve as CEO of dELiA*s on a month-to-month basis as the search for a permanent CEO continues.
Dyan Jozwick, President, dELiA*s Brand, has resigned from the Company effective March 27, 2013. The Company has retained a senior merchandise consultant with relevant experience to oversee the merchandising functions on an interim basis.
For earnings history and earnings-related data on Delia*s, Inc. (DLIA) click here.
Comparable store sales decreased 0.3% compared to the comparable period of the prior year.
The Company has retained Janney Montgomery Scott LLC as strategic advisor to the Board of Directors. The initial focus will be on the potential disposition of the Company’s Alloy brand. The Board of Directors has not set a definitive timetable for any transaction, and there can be no assurance that Janney’s retention will result in any specific action or transaction. The Company does not intend to disclose or comment on developments until such time as the Board takes action, if any, or otherwise deems disclosure appropriate or required.
Walter Killough has agreed to continue to serve as CEO of dELiA*s on a month-to-month basis as the search for a permanent CEO continues.
Dyan Jozwick, President, dELiA*s Brand, has resigned from the Company effective March 27, 2013. The Company has retained a senior merchandise consultant with relevant experience to oversee the merchandising functions on an interim basis.
For earnings history and earnings-related data on Delia*s, Inc. (DLIA) click here.
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