Net results attributable to DBI swung to a $17,424,000 loss from last year’s $783,000 profit in the first quarter as sales declined 8% to $686,909,000 from $746,596,000, with stores comping down 7.8% as turnaround progress faced softening consumer sentiment. The bottom line was impacted by $3.0 million in impairment charges. The company suspended its previously issued guidance citing macro uncertainties, but is making good progress diversifying its sourcing out of China, expecting less than half of products to originate there by the end of the year, compared to 70% on Jan. ... Log in to view full article.