Consolidated net loss was $6,292,000 for the fiscal third quarter ended July 1, compared to $6,237,000 in income prior, as net sales fell 16% to $106,319,000 from $126,875,000. Both sides of the P&L continue to feel the impact of production curtailments and the flow through of high price cotton inventory. Salt Life Group sales dipped 18% to $17.2 million, lapping an outsized third quarter in the prior year as transportation delays pushed back H1 deliveries. Comps were down 3.5% on lower traffic to tourist destinations, and unseasonable weather. This was partially ... Log in to view full article.