|
 NEW YORK (AP) - Martha Stewart Living Omnimedia Inc. said Thursday its first-quarter loss widened, weighed down by a charge associated with production of its syndicated TV program. The multimedia empire also announced it signed an agreement with Costco Wholesale Corp. to sell a cobranded line of frozen and fresh food.
The New York-based company said it lost $11.87 million, or 23 cents per share, in the three months ended March 31, compared with a loss of $6.84 million, or 13 cents per share, in the year-ago period.
Results included a $5.7 million, or 11 cent per share, non-cash compensation expense associated with the production of the syndicated TV program "Martha Stewart Show." Excluding that expense, loss per share from continuing operations would have been 12 cents.
|