Danier Leather has posted lower sales for its first quarter ended September 26.

Sales fell 12% during the first quarter, while comparable store sales fell 9%. Sales totalled $20 million compared with $22.6 million during the same quarter last year.

However, net loss for the quarter fell 7% or $0.3 million to $3.4 million compared with $3.7 million during the first quarter last year. Gross profit as a percentage of revenue increased by 5.5% to 48.4% compared with 42.9%.

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