By  on May 24, 2018

New York & Company posted net earnings of $3.09 million in the first quarter ended May 5, compared to a loss of $4.3 million a year ago, beating or coming in at the high end of guidance across several metrics.

The specialty retailer’s operating profit came in at $4.3 million versus guidance of $2 million to $3 million. In last year’s quarter, there was an operating loss of $2.3 million.

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