×
199
Fashion Jobs
RENOVATE BIOLOGICALS PVT LTD
Area Sales Manager
Permanent · Ahmedabad
BVR PEOPLE CONSULTING
Production Manager/Chennai
Permanent · Chennai
LABCURE DIAGNOSTIC PRIVATE LIMITED
Area Sales Manager
Permanent · Dehradun
BIG SOFT HR SOLUTIONS
Technical Manager (Maintenance & Production) @ Corporate Office
Permanent · Mumbai
ESTÉE LAUDER
Clinique - Consultant - Nykaa Trillium Mall, Amritsar - 40 Hours - Full Time, Permanent
Permanent · Amritsar
L'OREAL GROUP
Executive - Sales
Permanent · Rajkot
LEVI'S
Senior Specialist HR
Permanent · Bengaluru
ALEMBIC PHARMA
Area Development Manager
Permanent · Pune
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager
Permanent · Aurangabad
KISHOR EXPORTS
Qam - Quality Assurance Manager For Garment Exports Company
Permanent · Ranchi
HERO HOUSING FINANCE LIMITED
Area Sales Manager
Permanent · Nagpur
KISHOR EXPORTS
Production Manager
Permanent · Ranchi
SNEHA SYNERGY SOLUTIONS PVT LTD
Production Manager in Manufacture Company at Sangareddy
Permanent · Sangareddy
CORPORATE RESOURCES
Manager – HR & Admin (Garments)
Permanent · Salem
ELECTRONICA FINANCE LTD
Area Sales Manager - Coimbatore Machinery Loan
Permanent · Coimbatore
CORPORATE RESOURCES
Area Sales Manager (Fmcg)
Permanent · Coimbatore
ZTT INDIA PRIVATE LIMITED
Production Manager
Permanent · Lady Lake
ACADECRAFT PVT. LTD.
Video Production Manager
Permanent · Noida
WINGS PHARMACEUTICALS
Area Sales Manager - Generic Division
Permanent · Palakkad
DIASORIN HEALTHCARE INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Kochi
PROPERTYXPO.COM
Area Sales Manager – Real Estate Portfolio Management Gurgaon
Permanent · Gurugram
INDOCO REMEDIES LTD
Senior Production Manager
Permanent · Navi Mumbai
By
Reuters
Published
Jun 3, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Charming Shoppes first quarter profit matches Wall Street view

By
Reuters
Published
Jun 3, 2010

June 3 (Reuters) - Charming Shoppes Inc (CHRS.O) reported a quarterly profit in line with market estimates, as the women's plus-size apparel retailer continued to cut costs to offset lower sales at stores open more than a year. For the first quarter ended May 1, Charming Shoppes earned $3.9 million, or 3 cents a share, compared with a net loss of $6.6 million, or 6 cents a share, a year ago.

Charming Shops
Lane Bryant, a Charming Shoppes brand - Photo: www.lanebryant.com

Analysts on average had expected a profit of 3 cents a share, according to Thomson Reuters I/B/E/S.

Net sales fell 6 percent to $504.8 million, marginally higher than analysts' estimates of $503.7 million. Same-store sales fell 2 percent.

But gross margin improved 140 basis points to 54.8 percent of sales, as a result of expense reductions.

Charming Shoppes has been forced to slash costs and close underperforming stores to counter a protracted slump in sales over the past two years.

Shares of the Bensalem, Pennsylvania-based retailer closed at $4.45 Wednesday 2 June on Nasdaq. (Reporting by Viraj Nair in Bangalore; Editing by Don Sebastian)

© Thomson Reuters 2021 All rights reserved.