×
42
Fashion Jobs
AESOP
Retail Consultant | Part-Time (60%) | Aesop nk Stockholm, Sweden
Permanent · Stockholm
AESOP
Retail Consultant | Full Time | Aesop nk Stockholm, Sweden
Permanent · Stockholm
PUMA
Junior Manager go-to-Market Operations Nordic
Permanent · Solna
PUMA
Senior Marketing Manager Cobra Puma Golf Europe
Permanent · Solna
PUMA
Strategic Key Account Manager Pure Players
Permanent · Solna
LEVI'S
Key Account Manager
Permanent · Stockholm
SCOTCH & SODA
Sales Advisor - Malmö Hansa
Permanent · Malmö
SCOTCH & SODA
Sales Advisor - Hede Kungsbacka
Permanent · Kungsbacka
SANDRO SUÈDE
Sales Assistant - 5 Hours - Bibliotekstan m/f
Permanent · STOCKHOLM
SANDRO SUÈDE
Sales Assistant - 23 Hours - Stockholm Biblioteksgatan m/f
Permanent · STOCKHOLM
RITUALS
Butikssäljare - Frölunda Torg
Permanent · Gothenburg
RITUALS
Butikssäljare - Varberg - Galleria
Permanent · Varberg
CLAUDIE PIERLOT SUÈDE
Supervisor - 38, 25h - Permanent - Stockholm m/f
Permanent · STOCKHOLM
LEVI'S
Sales Stylist- Varannan Helg Samt Lov Och Vid Behov
Permanent · Kungsbacka
RITUALS
Butikssäljare - Växjö - Tegnér
Permanent · Växjö
SANDRO SUÈDE
Sales Assistant - 5 Hours - nk Femme m/f
Permanent · STOCKHOLM
SANDRO SUÈDE
Sales Assistant - 15 Hours - nk Womenswear m/f
Fixed-term · STOCKHOLM
ESTEE LAUDER
Multi Brand / Mac Cosmetics - on Call - Emporia Kicks, Malmo
Permanent · Malmö
BA&SH
Sales Assistant - Stockholm
Permanent · STOCKHOLM
BA&SH
Supervisor - Full Time - Stockholm
Permanent · STOCKHOLM
RITUALS
Butikssäljare 15h - Växjö- Grand Samarkand
Permanent · Växjö
SCOTCH & SODA
Sales Advisor
Permanent · Kungsbacka
By
Reuters
Published
May 21, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Casual Male Retail posts surprise Q1 profit, shares up

By
Reuters
Published
May 21, 2009

May 21 (Reuters) - Casual Male Retail Group Inc (CMRG.O), which makes clothing for larger men, posted a surprise first-quarter profit as it managed its costs better, sending its shares up as much as 29 percent.


Casual Male Retail, Spring 2009

The company, which operates the Casual Male XL and Rochester Big and Tall Stores as well as a catalog and e-commerce business, said it continues to expect sales for the year to decline about 10 percent.

For the first quarter, it reported income of $336,000, or 1 cent a share, compared with $96,000, or breakeven, a year ago.

Sales fell 9 percent to $97.6 million, while comparable sales for the 13-week period ended May 2 fell 10.7 percent.

Two analysts on average were expecting company to post a loss of 3 cents a share, according to Reuters Estimates.

Selling, general and administrative expenses fell 14.2 percent to $37.1 million for the quarter.

"The cost reductions implemented during the quarter relate primarily to re-focusing our marketing spend..., reductions in our corporate headcount, store and distribution productivity improvements, and renegotiation of numerous service and supply contracts," the company said.

Shares of the Canton, Massachusetts-based company touched a high of $1.70 before shedding some gains to trade up 22 cents at $1.54 on the morning of Thursday 21 May on Nasdaq. (Reporting by Poojya Trivedi in Bangalore; Editing by Himani Sarkar)

© Thomson Reuters 2022 All rights reserved.