logo
Share SHARE
FONT-SIZE Plus   Neg

Charming Shoppes Q4 Loss Reduces - Quick Facts

Charming Shoppes Inc. (CHRS: Quote) posted a narrower fourth quarter GAAP net loss of 13.2 million or $0.11 per share compared with $30.4 million or $0.26 per share loss a year ago. On a non-GAAP basis, net loss also narrowed to $0.06 per share from last year's $0.08 per share, both periods excluding restructuring and other items. On average, 4 analysts polled by Thomson Reuters expected loss per share of $0.02 for the quarter. Analysts' estimates typically exclude one-time items.

Net sales were $559.1 million for the recent quarter, a 2.9% decrease from $575.8 million in the prior-year period. The $16.7 million decrease includes the impact of operating 207 fewer stores than in the previous year, partially offset by a consolidated comparable-store sales rise of 1%. Three analysts estimated revenues of $542.27 million for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Online retail giant Amazon.com Inc. (AMZN) is reportedly in talks to buy luxury online fashion retailer Net-a-Porter. The news of acquisition was first reported by Women's Wear Daily, which said the deal would be completed for about 2 billion euros, indicating the biggest acquisition yet by Amazon.... Tim Cook, the CEO of tech giant Apple Inc., in an interview said he intends to give away all his wealth to charity. Cook, in an interview to Fortune, said he plans to donate all his wealth to philanthropic projects after paying for his 10-year old nephew's college education. According to Fortune,... Is it a 'personal life crisis' that led the Germanwings' co-pilot Andreas Lubitz to deliberately lowering the plane carrying 149 people to French Alps mountain? Police is investigating to find evidences to prove this suggestion.
comments powered by Disqus
RELATED NEWS
Trade CHRS now with 
Follow RTT