Net loss improved 7% in Q1 to $13,266,000 from $14,330,000, and sales were up 5% to $193,348,000 from $184,343,000, with enterprise comps up 4.0% as North America continued its positive trends and green shoots emerged in Europe. Gross margin improved 170 b.p. to 31.7% on better product margins, store occupancy costs, e-commerce shipping, and lower shrinkage. SG&A was up 2%, lapping last year’s $2.9 million settlement of a wage-and-hours lawsuit in California, along with improved store wage efficiency and store operations leverage. This was partially offset on a lap of vendor ... Log in to view full article.