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Frederick's of Hollywood's Losses Narrow
Frederick's of Hollywood Group Inc. ended its fiscal year in the red, but chairman and chief executive officer Thomas Lynch said better comparable-store sales in August and September showed the company was on the right track.
Fourth-quarter losses attributable to the company narrowed to $7.2 million, or 19 cents a share, from $12.5 million, or 35 cents, a year earlier. Sales for the three months...