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Charming Shoppes Dec sales shoot up 40%

06 Jan '06
2 min read

Based on these plans, the Company is reaffirming projections for diluted earnings per share for the 4th quarter in the range of $0.13-$0.14, which includes projected accretion of approximately $0.07 per diluted share from Crosstown Traders.

On July 7, 2005, Charming Shoppes, Inc. announced that, beginning with the first fiscal quarter ending April 29, 2006, the Company will commence reporting consolidated sales and comparable store sales on a quarterly basis, and will discontinue reporting consolidated sales and comparable store sales on a monthly basis.

Charming Shoppes Inc operates 2,265 retail stores in 48 states under the names LANE BRYANT, FASHION BUG, FASHION BUG PLUS, and CATHERINES PLUS SIZES.

Additionally, apparel, accessories, footwear and gift catalogs, including the following titles, are operated by Charming Shoppes' Crosstown Traders: Old Pueblo Traders, Bedford Fair, Willow Ridge, Lew Magram, Brownstone Studio, Regalia, Intimate Appeal, Monterey Bay Clothing Company, Coward Shoe and Figi's.

During the forty-eight weeks ended December 31, 2005 the Company opened 70, relocated 64, and closed 26 retail stores.

Charming Shoppes Inc

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