The global retail group, which operates under the Zumiez, Blue Tomato, and Fast Times banners, narrowed its Q2 net loss to $847,000, 90% better than the year-ago loss of $8,509,000. Revenues improved by 8% to $210,179.000 from $194,438,000, but about 530 basis points of growth came from the calendar shift, moving sales from Q3 to Q2 this year. Gross margin improved by 250 b.p. year-over-year to 34.2%, helped by 140 b.p. of occupancy leverage, with the rest coming from lower shipping and distribution center costs. Product margins were flat. SG&A was ... Log in to view full article.