Moss Bros Group PLC said its normalized net income for the fiscal first half ended July 26 was 1 Great British pence per share, a decline of 14.7% from 1 pence per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £1.2 million, a decline of 12.4% from £1.4 million in the year-earlier period.
Total revenue climbed on an annual basis to £55.8 million from £53.3 million, and total operating expenses rose 5.3% on an annual basis to £53.8 million from £51.1 million.
Reported net income decreased 14.7% from the prior-year period to £1.5 million, or 1 pence per share, from £1.7 million, or 2 pence per share.
