By  on December 2, 2008

Despite posting a smaller-than-expected third-quarter loss, preteen apparel retailer Tween Brands Inc. withdrew its guidance for the second half of 2008 due to a difficult macroeconomic environment.

The New Albany, Ohio-based firm had a net loss of $831,000, or 3 cents a share, for the quarter ended Nov. 1, compared with net income of $13 million, or 46 cents, for the prior-year period.

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