NEW YORK — Gottschalks Inc. Tuesday said it narrowed its second-quarter loss but expects a loss in the current third quarter.
For the three months ended Aug. 3, the loss was just $2.1 million, or 17 cents a share, compared with last year’s loss in the same quarter of $2.8 million, or 22 cents. The loss excludes the impact, if any, from a change in accounting rules pertaining to goodwill. The company said it was in the early stages of its transitional goodwill impairment test.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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