dELiA*s, Inc. Reports First Quarter Results; Achieves 16% Increase in Total Sales; Loss from Continuing Operations Per Diluted Share of $(0.05) vs. Year-Ago of $(0.14); Achieves Profitability in the Direct Segment.

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dELiA*s, Inc. Reports First Quarter Results; Achieves 16% Increase in Total Sales; Loss from Continuing Operations Per Diluted Share of $(0.05) vs. Year-Ago of $(0.14); Achieves Profitability in the Direct Segment.

NEW YORK -- dELiA*s, Inc., (NASDAQ:DLIA) today announced its financial results for the first quarter ended April 29, 2006. For the first quarter, total sales rose 16% to $51.9 million, driven by revenue increases in both the Company's Direct Segment and its Retail Segment. The first quarter loss per diluted share improved to $(0.05) as compared to a loss of $(0.58) per diluted share for the year-ago period. The Company noted that excluding a $(0.52) loss in the first quarter of 2005 related to discontinued operations and an $0.08 gain due to a change in its inventory accounting principle, ...

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