View:
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): May 5, 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 May 5, 2005, Casual Male Retail Group, Inc. (the "Company") issued a
press release announcing the Company's sales for the first quarter of fiscal
2005. 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 the first quarter of
Fiscal 2005 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: May 5, 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 24.4% and
Comparable Store Sales Increase of 2.3% for First Quarter Fiscal 2005
CANTON, MA, May 5, 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 the first
quarter of fiscal 2005.
Casual Male reported total sales for the first quarter of fiscal 2005
increased 24.4% to $97.2 million versus $78.1 million for the first
quarter of fiscal 2004. Comparable store sales for the first quarter of
fiscal 2005 increased 2.3% when compared with the first quarter of
fiscal 2004.
Casual Male's sales results exclude any sales related to its divested
Other Branded Apparel Businesses and include all 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.
"Although Casual Male had a 2.3% comparable store sales increase and
profitability improved significantly from last year's first quarter,
the Company will report a loss in the first quarter," said David Levin,
President and Chief Executive Officer.
Casual Male will release its earnings results and hold a conference
call for the first quarter of fiscal 2005 on Thursday, May 19, 2005. A
web cast of the Company's results will occur at 11:00 AM E.S.T on May
19, 2005 at www.casualmale.com/investor. During the conference call
the Company may discuss and answer questions concerning business and
financial developments and trends. The Company's responses to
questions, as well as other matters discussed during the conference
call, may contain or constitute information that has not been disclosed
previously.
CMRG, the largest retailer of big and tall men's apparel with retail
operations throughout the United States, Canada and London, England,
operates 497 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 & 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.
# # #