By  on October 12, 2011

Lower sales and onetime charges dropped Joe’s Jeans Inc. to a third-quarter loss.

For the three months ended Aug. 31, the net loss was $2 million, or 3 cents a diluted share, against net income of $558,000, or 1 cent, in the year-ago quarter. Included in the loss were a $1.6 million inventory writedown and a $1.1 million charge for store impairment.

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