dELiA*s Loss Narrows

dELiA*s

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said its second-quarter loss narrowed from a year ago and was in line with analysts' predictions. Nevertheless, the company was disappointed with the quarter's overall results, citing poor back-to-school shopping sales.

The company lost $7 million, or 15 cents a share, compared with a loss of $11 million, or 28 cents a share, a year ago. Analysts had also predicted the company would lose 15 cents a share.

Revenue came in at $26.2 million, compared with $26 million last year.

Because it opened new stores, the company's retail sales increased 32%, whereas direct sales decreased 22%, the company said.

Excluding restructuring charges and amortization effect of a change in accounting principle, last year's loss was $7.4 million, or 19 cents a share.

Shares of dELiA*s closed at $1.45 Thursday on the

Nasdaq

.