Apparel retailer CMRG registers 23.4% growth in Q2
04 Aug '05
2 min read
Men's dress and casual clothing retailer Casual Male Retail Group Inc (CMRG) reported its sales results for the second quarter of fiscal 2005.
Total sales for the 13 week period ended July 30, 2005 increased 23.4% to $100.6 million from $81.5 million for the prior year's 13 week period ended July 31, 2004. Comparable store sales for the second quarter of fiscal 2005 increased 2.5% when compared with the second quarter of fiscal 2004.
For the six months ended July 30, 2005, total sales increased 24.0% to $197.9 million from $159.6 million for the six months ended July 31, 2004. Comparable store sales for the six months of fiscal 2005 increased 2.4% when compared with the six months of the prior year.
CMRG's sales results for the prior fiscal periods exclude sales related to its divested Other Branded Apparel Businesses and include all Rochester Big & Tall sales as of the acquisition date of October 29, 2004. The comparable store sales performance includes Rochester Big & Tall's prior year sales for the similar reporting periods.
The Company also announced that its 2005 Annual Meeting will be held on August 8, 2005 at 11:00 a.m. EDT in New York, New York. The Company invites all shareholders to listen to the meeting via web cast at http://www.casualmale.com/investor.
CMRG will release its earnings results for the second quarter of fiscal 2005 on Thursday, August 18, 2005 at 3:00 p.m. EDT and hold a conference call and web cast of theCompany's results at 4:00 PM at http://www.casualmale.com/investor.
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