NEW YORK (TheStreet) -- Gordmans Stores (GMAN) stock is tumbling in post-market trading after posting a net loss in its first quarter and guiding for below-consensus second-quarter results. After the bell, shares had plummeted 16.4% to $4.17.
Over the three months to April, the company posted a net loss of 4 cents a share. Analysts surveyed by Thomson Reuters anticipated profits of 2 cents a share.
For its second quarter, management expects comparable-store sales to decline in the low single digits. A net loss between 16 cents and 13 cents a share is wider than the 3-cents-a-share loss analysts forecast.
- You can view the full analysis from the report here: GMAN Ratings Report
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