Shares of dELiA*s, Inc. (DLIA) Move Higher on Second Quarter Financial Results
dELiA*s, Inc. (NASD: DLIA), a direct marketing and retail company comprised of three lifestyle brands primarily targeting consumers between the ages of 12 and 19, recently reported its fiscal second quarter 2008 financial results ending August 2, 2008. The company’s shares surged on the news of a 10.8 percent year-over-year increase in revenue for the quarter. Total revenue reached $58.1 million, up 10.8 percent from $52.4 million in the second quarter of fiscal 2007. The net loss for the second quarter of fiscal 2008 totaled $5.0 million, or $0.16 per diluted share, in line with the net loss of $5.1…