Kenneth Cole posts second-quarter net loss
SAN FRANCISCO |
SAN FRANCISCO Aug 5 (Reuters) - Kenneth Cole Productions Inc (KCP.N) posted a quarterly net loss from a year-ago profit, hurt by lower wholesale sales.
The shoe and clothing maker and retailer said on Tuesday that its net loss in the fiscal second quarter ended June 30 was $2.05 million, or 11 cents per share, from a net profit of $3.30 million, or 16 cents per share, a year earlier. (Reporting by Alexandria Sage)
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