Casual Male reports strong same-store gains

Share this article:

Casual Male Retail Group Inc. reported yesterday that sales for the fourth quarter ended Feb. 3 totaled $146 million, compared with $130 million during the same period last year. Same-store sales rose 7.5 percent during the quarter.

Fourth quarter net income totaled $38.7 million, or $0.83 per diluted share, compared with net income of $13.5 million, or $0.33 per diluted share, during last year's fourth quarter.

For the fiscal year ended Feb. 3, the Canton, MA-based multichannel men's apparel merchant's sales totaled $468 million compared with $421 million in the previous year. Same-store sales rose 9 percent for the year.

Casual Male reported net income for fiscal 2006 totaling $42.6 million, or $0.98 per diluted share, as compared with net income of $10.8 million, or $0.30 per diluted share, in fiscal 2005.

Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.