Wilsons reports Q1 losses, claims "worst is behind us"
22/05/2002
Specialty leather goods retailer Wilsons The Leather Experts Inc. has reported its results for the first quarter, ended May 4, 2002. Although net sales were up slightly – 1.5% higher at $119.3 million - once again comparable store sales were down, this time by 10.3%. Net losses for the quarter were $14.7 million compared with a $3.7 million loss last year.