Claire’s Stores Inc. suffered a wider first-quarter loss as its same-store sales declined on both sides of the Atlantic.
In the three months ended May 3, the net loss was $38.1 million versus a loss of $26.6 million in the first quarter of 2013. Operating income declined 48.6 percent to $16.8 million while adjusted EBITDA, excluding items such as a year-ago loss on early debt extinguishment in 2013, dropped 11.6 percent to $48.1 million.
"I love to fight and I got into a lot of trouble, so instead, I thought I'd do it professionally," says Bellator MMA fighter Liam McGeary. #wwdfashion (📷: @andyboyle; Interview by @jeanpalmieri; Styled by @thealexbadia)