New York & Company Q4 comparable sales increase 3 percent

New York & Company’s net sales were 278.7 million dollars compared to 266.3 million dollars in the prior year. Comparable store sales increased 3 percent largely driven by a double-digit percentage increase in the company’s ecommerce business, combined with increased royalty and related revenue from the private label credit card agreement. Net sales were 926.9 million dollars for fiscal year 2017 compared to 929.1 million dollars for fiscal year 2016. Comparable store sales increased 1 percent compared to a decrease of 0.7 percent in the prior fiscal year.