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Orchard Supply loss widens in Q4
San Jose, Calif. -- Orchard Supply Hardware Stores Corp. reported Monday a loss of $33.6 million for the quarter ended Feb. 2, widened from a loss of $7.3 million in the year-ago period.
Sales for the quarter rose to $153 million from $141.6 million, and same-store sales edged up 1.6%.
For the full year, the company lost $118.4 million, compared with a loss of $14.5 million in the prior year. Sales dipped to $657.3 million, compared to $660.5 million for fiscal 2011.