10:10 AM EST - Forzani Group Ltd. : reported a first-quarter loss of $2.9 million as sales at stores open a year or more declined 2.1 percent. Revenue was $307.5 million in Forzani's seasonally slow first quarter ended May 4, up 4.4 percent from $294.6 million in the year-ago period, boosted by acquisitions and new store openings which boosted Forzani's store count to 568 from coast to coast, up from 478 a year earlier. Forzani Group Ltd.
shares T.FGL are trading down $1.08 at $15.42.