WMAR’s net loss narrowed to $7,270,000 from a loss of $9,113,000 in the seasonally small first quarter ended Apr. 1, on 1% lower revenues of $129,063,000 from $130,405,000 and flat comp store sales. Gross margin expanded by 30 basis points to 25.5%, but the bulk of the improvement in ... Log in to view full article.
