Diedrich Posts Loss, but a Smaller One

Diedrich Coffee Inc., the Irvine specialty-coffee retailer, reported that the net loss for the first fiscal quarter narrowed to $389,000, or 3 cents a share, from $609,000, or 10 cents a share, for the same year-earlier period. Revenue for the quarter ended Sept. 22 rose to $16.3 million from $6 million. The company said that in connection with its acquisition of Coffee People Inc., which was completed July 7, it changed from a January fiscal year-end to a June fiscal year-end.