CANADA: Fashion Chain Le Chateau On The Charge
Leading specialty fashion and footwear retailer Le Chateau Inc on Thursday posted a 12 per cent year-on-year climb in first quarter sales to $43 million and a 16 per cent jump in same-store sales.
The operator of more than 160 stores said net earnings for the first quarter were $343,000, or $0.07 per share, compared to a net loss of $555,000, or $0.11 per share, a year ago.