Bluestem Group Inc. reported unaudited consolidated earnings results for the second quarter and six months ended August 3, 2018. For the quarter, the company's net sales were $422.198 million compared with $438.893 million a year ago, a 3.8% decrease. Total net sales and revenue was $422,557,000 compared to $438,595,000 a year ago. Operating income was $17.040 million compared with loss of $2.423 million a year ago. Profit before income taxes was $4.527 million compared with loss of $15.174 million a year ago. Net income was $6.111 million or $0.05 per basic and diluted share compared with loss of $14.343 million or $0.11 per basic and diluted share a year ago. Adjusted EBITDA was $30.946 million compared to $18.568 million a year ago. For the six months, the company's net sales were $803.258 million compared with $866.515 million a year ago. Total net sales and revenue was $804.012 million compared to $867.922 million a year ago. Operating loss was $10.159 million compared with loss of $31.873 million a year ago. Loss before income taxes was $35.274 million compared with loss of $57.489 million a year ago. Net loss was $34.001 million or $0.26 per basic and diluted share compared with loss of $57.365 million or $0.43 per basic and diluted share a year ago. Net cash provided by operating activities was $46.016 million compared with $37.531 million a year ago. Net purchases of property and equipment was $9.581 million compared with $8.885 million a year ago. Adjusted EBITDA was $16.753 million compared to $24.864 million a year ago.