April 18, 2003 |
Women's clothing retailer Charlotte Russe Holding Inc. reported a steep loss in its fiscal second quarter, citing a drop in shopping mall traffic, heavy discounting and charges for closing its Charlotte's Room stores. The San Diego company posted a loss of $4.9 million, or 23 cents a share, compared with a profit of $3.5 million, or 15 cents, a year earlier. Sales at stores open at least a year fell 11.6%. Net sales rose 8% to $93.1 million. Shares of Charlotte Russe fell 30 cents to $8.
January 21, 2005 |
Young women's clothing retailer Charlotte Russe Holding Inc. posted a 75% slump in fiscal first-quarter earnings and forecast a loss for the second quarter, sending its shares lower. The San Diego-based company said it expected sales at stores open at least a year to fall in its second quarter after a 9.9% decline in same-store sales in the first quarter ended Dec. 25. Earnings for the first quarter dropped to $1.6 million, or 7 cents a share, from $6.
October 15, 2005 |
Charlotte Russe Holding Inc. said fiscal fourth-quarter net income may have doubled after back-to-school sales of its clothing for teenage girls climbed more than expected. In preliminary results, San Diego-based Charlotte Russe said net income for the period ended Sept. 24 climbed to 25 cents to 27 cents a share, topping company forecasts for 16 cents to 20 cents. Charlotte Russe earned 13 cents a year earlier.
July 22, 2005 |
Charlotte Russe Inc. said fiscal third-quarter profit dropped 39% despite a 10.4% gain in sales. Mark Hoffman, chief executive of the San Diego-based retailer of young women's apparel, attributed the downturn to an early Easter holiday, which advanced sales into the second quarter, and strong year-earlier results. The company operates 388 stores under the Charlotte Russe and Rampage flags. Net income totaled $3.3 million, or 14 cents a share, compared with $5.
January 20, 2006 |
Investors fled from Charlotte Russe Holding Inc. on Thursday, sending its stock down 18% after the San Diego retailer of young women's apparel warned of a loss in the current quarter. For the fiscal first quarter ended Dec. 24, the mall-based clothing and accessories retailer posted earnings of $7.1 million, or 29 cents a share, compared with $2.2 million, or 9 cents a share, a year earlier.
August 19, 2011 |
Russ Feingold will not run for U.S. Senate again in 2012, the Wisconsin Democrat told supporters in an email Friday morning. "While I may seek elective office again someday, I have decided not to run for public office during 2012," Feingold wrote. Feingold served in the Senate from 1993 to 2010, when he lost reelection to Republican Ron Johnson. Feingold's supporters had been urging him to run in 2012 to replace retiring Sen....
August 25, 2009 |
Specialty retailer Charlotte Russe Holding Inc. said Monday that it had agreed to be acquired for about $380 million by investment funds managed by a private equity firm. Advent International Corp. agreed to pay $17.50 a share in cash to take over the San Diego chain, which announced in March that it was formally putting itself up for sale after a difficult holiday season. Advent plans to start buying shares by the end of the month for 20 days, Charlotte Russe said in a statement.
July 25, 2011 |
Russ Cochran won the Senior British Open by two shots Sunday, holding off fellow Americans Mark Calcavecchia and the fast-finishing Tom Watson to capture his first major title at Walton on the Hill, England. The 52-year-old Cochran claimed the winner's check of $310,000 after making six birdies in a nerveless five-under-par 67 in his final round at Walton Heath, closing at 12 under. It was Cochran's third victory on the Champions Tour but his first this season.
CALIFORNIA | LOCAL
December 13, 2011 |
Russ Stanton will step down as the editor and executive vice president of the Los Angeles Times on Dec. 23, and Managing Editor Davan Maharaj will assume the top newsroom job. Stanton, 52, joined The Times in 1997 as a business reporter in Orange County. He led the news organization for four years, a period in which it expanded its digital reach to more than 17 million readers and won three Pulitzer Prizes, including the Public Service Award for exposing corruption in the city of Bell.