Skullcandy reported a net loss of $4.9 million on one percent higher sales of $46.3 million for the first quarter, blaming the ongoing clean-up of its distribution in China. Sales increased by 4 percent in the U.S. They declined by 3 percent in the rest of the world, in spite of strong sales in Europe, Canada, Japan and Mexico. The gross margin deteriorated by 3.36 percentage points to 37.5 percent.

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