Net loss narrowed to ¥108 million ($1.0 mm) in fiscal Q3 ended Dec. 31 from a loss of ¥302 million prior on 4% higher revenues of ¥14,769 million ($135.9 mm) up from ¥14,168 million at the racquet sports and golf brand. Gross margin inched up 10 basis points to 38.8%, while operating expenses were slightly higher on advertising and personnel spending but leveraged 130 b.p. on the higher sales. ... Log in to view full article.