Sequential improvements from mall retailer Journeys were a bright spot in GCO’s second quarter, where the net loss narrowed to $9,992,000 from a loss of $31,665,000 on revenues that inched higher to $525,188,000 from $523,027,000. Sales benefitted from the calendar shift, pulling $20 to $25 million into Q2 from Q3. Last year’s loss included a $28.5 million goodwill impairment charge, and adjusted net loss excluding one-time items was $9,131,000 compared to a loss of $9,596,000. E-commerce sales were a bright spot, growing 8% to 22% penetration while store comps were lower ... Log in to view full article.