Footwear sales boost Q1 results at Le Château
12/06/2006
Canadian apparel, accessories and footwear retailer Le Château Inc. has reported results for the first quarter ended April 29.
Net earnings for the quarter were C$2.7 million ($2.4 million) compared with C$4.6 million for the same quarter last year. The decline in net earnings was largely the result of a 4.3% decrease in comparable store sales, compared with a 16.9% increase for the quarter a year ago.