Off-price apparel retailer Syms Corp has swung to a third quarter loss on lower sales  at its 32 stores.

For the three months to 29 November, net loss was $0.9m or $0.06 per share, compared to a profit of $1.3m or $0.09 per share a year earlier.

Quarterly same store sales fell 6.4%, while net sales were down 8.1% to $64.3m from $70.0m.