Giggles N' Hugs, Inc. announced earnings results for the first quarter ended April 1, 2018. For the quarter, the company reported that overall net sales declined 7.3% year-over-year to $613,363, driven primarily by a decline in party sales due to weather conditions, loss from operations decreased 73.1% year-over-year. Net losses was $241,565 against $756,186 a year ago, reflects a decrease of $514,621. This significant change was mostly attributable to the fair value of $531,000 for warrants granted for services in the same period last year. Net loss decreased 68.0% year-over-year and EPS of $0.00 per share against loss of $0.01 a year ago.