Charlotte Russe Posts Loss on Weak Demand
From Reuters
Charlotte Russe Holding Inc. on Thursday posted a quarterly loss as fashion missteps and weak demand for its junior-sized clothing dented sales.
The San Diego company posted a loss in the fiscal second quarter ended March 26 of $762,000, or 3 cents a share, compared with net income of $76,000, or nil per share, a year earlier. Wall Street analysts on average forecast a loss of 9 cents a share.
