New York & Co. (NWY) Reports Q1 Loss of $0.04; Guides

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New York & Company, Inc. Announces 2017 First Quarter Results and Introduces Q2 Guidance

May 18, 2017 4:03 PM EDT

~ GAAP Operating Results Improved by $1.5 Million Compared to Last Year ~

~ Non-GAAP Operating Results Improved by $3.1 Million Compared to Last Year ~

~ Gross Profit Margin Improves by 300 Basis Points to Highest Level Since 2008 ~

~ Cash On-Hand of $75 Million, or $1.19 Per Share ~

NEW YORK--(BUSINESS WIRE)-- New York & Company, Inc. [NYSE:NWY], a specialty womens apparel chain with 463 retail stores, today announced results for the first quarter ended April 29, 2017.

Gregory Scott, New York & Companys CEO stated: Our first quarter top and bottom-line results... More