But the company says its overall situation isimproving due to a number of factors, including the discontinuation of itsretail store business and the signing of a memorandum of understanding tosettle shareholder lawsuits. The net loss from continuing operations was $2.1million against $369,000 for Q4 ended April 30. Revenues fell 31% to $36.3million. Period sales by segment: golf fell 24% to $13.7 million; corporateslipped 9% to $13.2 million; fashion was off 5% to $5.8 million; andinternational dropped 78% to $738,000.

For the FY, the net loss from continuing operationswas reduced 29% to $5.0 million on an 18% decline in total revenues to ... Log in to view full article.