The struggling action sports retailer had a loss of $2,745,000 for the 13 weeks ended Apr. 30 against income of $1,282,000 as sales were $120,218,000 this year compared to $120,190,000 prior. TLYS comps, including e-commerce, were down 4.1% for the period, which also included a $1.7 million legal charge, a $700,000 impairment charge and a $1,146,000 tax benefit this year against a tax liability of $855,000 in 2015. All categories comped negative single digits except for boys’, which was up low-single digits.

The turnaround plan remains unchanged, focusing on getting more exclusives and doing a better job of store-level assorting and ... Log in to view full article.