Martha Stewart quarterly loss widens

Wed Aug 1, 2007 8:52am EDT
 
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NEW YORK (Reuters) - Martha Stewart Living Omnimedia Inc. (MSO.N) reported a wider quarterly loss on Wednesday, due in part to weak sales of its products at retailer Kmart.

The second-quarter net loss was $6.7 million, or 13 cents a share, compared with a loss of $1.2 million, or 2 cents a share, in the same quarter a year earlier.

Revenue rose 7.7 percent to $73.4 million on higher advertising sales at its flagship magazine, Martha Stewart Living.

 
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