Toys R Us Inc has reported results for its first quarter ended May 2nd, 2009.
Operating earnings for the period increased to $21 million from $2 million in the same period of 2008. The net loss was $35 million, compared to $36 million year-on-year.
Net sales during the first quarter were $2.477 billion compared to $2.719 billion for fiscal 2008. In both domestic and international segments, comparable store net sales decreased by 5.4 per cent.
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