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Toys R Us quarterly net loss widens
December 7, 2012 / 8:21 PM / in 5 years

Toys R Us quarterly net loss widens

NEW YORK, Dec 7 (Reuters) - Toys R Us Inc reported a wider third-quarter net loss on Friday as the world’s largest dedicated toy retailer was hurt by weaker sales and higher interest expense.

Its net loss widened to $105 million in the quarter, ended Oct. 27, from $93 million a year earlier.

Sales fell 3.4 percent to $2.6 billion.

Toys R Us was taken private in 2005 by Kohlberg Kravis Roberts, Bain Capital and Vornado Realty Trust in a $6.6 billion deal.

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