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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 3, 2005
0-15898
(Commission File Number)
______________________________
CASUAL MALE RETAIL GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 04-2623104
(State of Incorporation) (IRS Employer
Identification Number)
555 Turnpike Street, Canton, Massachusetts 02021
(Address of registrant's principal executive office)
(781) 828-9300
(Registrant's telephone number)
______________________________
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 2.02 Results of Operations and Financial Condition
On February 3, 2005, Casual Male Retail Group, Inc. (the "Company") issued a
press release announcing the Company's sales for January 2005 and for the fiscal
year 2004. A copy of this press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
- ----------- ------------
99.1 Press Release announcing sales for January 2005 and for
Fiscal 2004 for Casual Male Retail Group, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CASUAL MALE RETAIL GROUP, INC.
By: /s/ Dennis R. Hernreich
---------------------------
Name: Dennis R. Hernreich
Title: Executive Vice President
and Chief Financial Officer
Date: February 3, 2005
For Information Contact:
Company Contact:
Jeff Unger, Investor Relations
(561) 514-0115
Andrew Bard, Weber Shandwick
212-445-8368
Casual Male Retail Group Reports Total Sales Increase of 10.4% and
Comparable Store Sales Increase of 4.4% for Fiscal 2004
CANTON, MA, February 3, 2005 -- Casual Male Retail Group, Inc.
(NASDAQ/NMS: "CMRG"), retail brand operator of Casual Male Big & Tall,
Rochester Big & Tall, and the exclusive distributor and retailer of
George Foreman's clothing collection, today announced its sales results
for Fiscal year 2004 and January 2005.
Casual Male reported sales for it's Casual Male Big & Tall stores,
Rochester Big & Tall stores, catalog and e-commerce business, for
fiscal year 2004 increased 10.4% to $352.0 million from $318.8 million
for fiscal year 2003.Casual Male reported sales for the four week
period ending January 29, 2005 increased 27.6% to $21.4 million from
$16.8 million for the prior year's four week period that ended January
31, 2004. Sales in the fourth quarter of fiscal year 2004 increased
25.1% to $118.1 million from $94.5 million in the fourth quarter of
fiscal year 2003. Casual Male reported that Casual Male Retail Group,
Inc.'s comparable store sales increased 4.4% for fiscal year 2004, 2.9%
for January and 2.8% in the fourth quarter of fiscal 2004.
Casual Male's sales results exclude any sales related to its divested
Other Branded Apparel Business and include Rochester Big & Tall sales
as of the acquisition date of October 29, 2004. The comparable store
sales performance includes Rochester Big & Tall's prior year sales for
the similar reporting periods since acquisition.
Beginning February 2005, the Company will not report sales on a monthly
basis. David Levin, President and Chief Executive Officer, said, "This
change is being instituted as management believes that quarterly sales
data more accurately reflect the Company's financial results and are
less influenced by short-term phenomena, such as the timing of sales
promotions and weather conditions."
CMRG, the largest retailer of big and tall men's apparel with retail
operations throughout the United States, London, England and Canada,
operates 493 Casual Male Big & Tall stores, the Casual Male e-commerce
site, Casual Male catalog business, 13 Casual Male at Sears-Canada
stores and 22 Rochester Big and Tall stores and a direct to consumer
business. The Company is headquartered in Canton, Massachusetts and its
common stock is listed on the Nasdaq National Market under the symbol
"CMRG."
The discussion of forward-looking information requires management of
the Company to make certain estimates and assumptions regarding the
Company's strategic direction and the effect of such plans on the
Company's financial results. The Company's actual results and the
implementation of its plans and operations may differ materially from
forward-looking statements made by the Company. The Company encourages
readers of forward-looking information concerning the Company to refer
to its prior filings with the Securities and Exchange Commission that
set forth certain risks and uncertainties that may have an impact on
future results and direction of the Company.
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