Net loss in the fiscal first half ended Feb. 29 expanded to ¥386 million ($3.6 mm) at the Japanese retailer from a loss of ¥83 million last year on 9% lower sales of ¥29,408 million ($270.5 mm) vs. ¥32,404 million. Gross margin was down 110 b.p. to 33.0% and SG&A was ¥863 million lower, but still deleveraged 60 b.p. on the revenue shortfall. Outdoor equipment sales were a bright spot, increasing 7.4% over last year, but general sporting goods ... Log in to view full article.