Syms Corp Reports Third Quarter 2010 Net Loss of $3.3M

Syms Corp SYMS announced results today for its third quarter ended November 27, 2010. For the third quarter ended November 27, 2010, the Company had a net loss of $3.3 million ($0.23 per share) as compared to a net profit of $25.6 million ($1.76 per share) for the quarter ended November 28, 2009. For the year-to-date (39 week period) ended November 27, 2010, the net loss was $15.1 million ($1.04 per share) as compared to a net profit of $15.7 million ($1.08 per share) for the comparable period last year.