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Gymboree Corp. narrows loss in Q2; on track to open 115 stores


San Francisco -- The Gymboree Corp. reported Wednesday a loss of $14.1 million in the second quarter, compared with a loss of $6.9 million for the same period last year.

Sales rose 3.8% to $268.8 million, from $259.0 million last year, and same-store sales dipped 1%.

During fiscal 2012, the company reiterated its plans to open 115 new stores, including 90 locations for its value-priced Crazy 8 concept.

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