Kid Brands, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported net sales of $44,093,000 compared to $55,470,000 a year ago. Operating loss was $3,625,000 compared to operating income of $873,000 a year ago. Loss from operations before income tax provision was $3,387,000 compared to $761,000 a year ago. Net loss was $3,427,000 or $0.16 per basic and diluted share compared to net income of $209,000 or $0.01 per basic and diluted share a year ago. Adjusted net loss was $880,000 compared to adjusted net income of $153,000 a year ago. Adjusted net loss per diluted share was $0.04 compared to adjusted net income per diluted share of $0.01 a year ago. This decrease in sales was the result of sales declines of 33.9% at CoCaLo, 27.2% at Kids Line and 23.8% at LaJobi.

For the six months, the company reported net sales of $95,532,000 compared to $110,698,000 a year ago. Operating loss was $3,051,000 compared to operating income of $218,000 a year ago. Loss from operations before income tax provision was $4,333,000 compared to $2,035,000 a year ago. Net loss was $4,410,000 or $0.20 per basic and diluted share compared $594,000 or $0.03 per basic and diluted share a year ago. Adjusted net loss was $526,000 compared to adjusted net income of $495,000 a year ago. Adjusted net loss per diluted share was $0.02 compared to adjusted net income per diluted share of $0.02 a year ago.