Linens ‘n Things Posts $5.9 Million Loss
Clifton, N.J., Linens 'n Things, reported a net loss for the second quarter ended July 2 was approximately $5.9 million, compared to earnings of $97,000 in the same quarter last year. Comparable net sales for the second quarter of 2005 declined 6.8%. Total net sales decreased approximately 0.9% to $573.3 million for the quarter, down from $578.7 million for the same period last year.