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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): May 4, 2006
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 4, 2006, Casual Male Retail Group, Inc. (the "Company") issued a
press release announcing the Company's results of operations for the first
quarter of fiscal 2006. A copy of this press release is attached hereto as
Exhibit 99.1.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description
----------- ------------
99.1 Press Release announcing results of operations for
the first quarter of fiscal 2006 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 4, 2006
For Information Contact:
Company Contact:
Jeff Unger, Investor Relations
(561) 514-0115
Andrew Bard, Weber Shandwick Worldwide
(212) 445-8368
Casual Male Retail Group Reports First Quarter Total Sales Increase of
5.7% and Comparable Store Sales Increase of 5.4%
CANTON, MA, May 4, 2006 -- Casual Male Retail Group, Inc. (NASDAQ/NMS:
"CMRG"), retail brand operator of Casual Male Big and Tall, Casual Male
XL and Rochester Big & Tall, today reported its sales results for the
first quarter of fiscal 2006.
Total sales for the 13 week period ended April 29, 2006 increased 5.7%
to $102.8 million from $97.2 million for the prior year's comparable 13
week period ended April 30, 2005. Comparable store sales for the first
quarter of fiscal 2006 increased 5.4% when compared with the first
quarter of fiscal 2005.
"The first quarter of fiscal 2006 marks our tenth consecutive quarter
of positive comp sales, which were driven by strong early selling of
spring products and an improvement in our in-stock program. Our comp
sales growth occurred with substantially less promotional activity then
in the past and we will show an improvement in our gross margin. The
launch of our conversion to Casual Male XL will happen this quarter and
we look forward to the re-branding of our stores," said David Levin,
Chief Executive Officer and President of Casual Male.
The Company expects to release its first quarter fiscal 2006 earnings
on May 18, 2006 and will hold a conference call and web cast at 11:00
AM ET at http://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 487 Casual Male Big & Tall and Casual Male XL stores, the
Casual Male e-commerce site, Casual Male catalog business, 13 Casual
Male at Sears-Canada stores, 23 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.
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