Hampshire Group Ltd. saw fourth-quarter losses deepen as isales fell and it accounted for a number of special items.
In the three months ended Dec. 31, the New York-based sportswear and knitwear firm’s net loss grew to $9.9 million, or $1.17 a diluted share, from a loss of $1.5 million, or 8 cents, in the final quarter of 2012. Eliminating $6.9 million in pretax, noncash charges for goodwill impairment and a loss on a lease obligation as well as interest, taxes, depreciation and amortization, adjusted ebitda fell to $644,000 from $1.8 million.
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