• Q1 net profit US$26m, versus $3.9m
  • Net sales flat at $504.4m
  • Comparable store sales up 2%

Plus size women’s apparel retailer Charming Shoppes posted a hefty increase in first quarter profit, thanks to steady sales and a slight increase in comps.

“We are pleased to report year over year operating improvement in our first quarter, which was driven by a more fashionable apparel assortment and aggressive inventory management across all of our brands,” said Anthony Romano, Charming Shoppes president and CEO.

Click here to view the company's results in full.