Casual Male profit rises 54% in Q2
Casual Male Retail Group reported Thursday that net income jumped 54% in the quarter ended July 31 to $5.6 million, from $3.6 million a year ago. Revenue fell 1% to $97.3 million, from $98.3 million. Analysts expected $95.9 million in revenue.Same-store sales edged up 0.8%. The measure grew 0.3% at Casual Male XL locations, but at Rochester stores, same-store sales fell 2.2%.