Le Chateau Q3 net loss decrease

Le Chateau Inc, a retailer of apparel, accessories and footwear to women and men, has reported a net loss of C$3.62 million, or C$0.14 loss per share, for the third quarter ended October 27, 2012, compared to net loss of C$4.14 million, or C$0.17 per share, for the same quarter ended October 29, 2011.

Sales for the third quarter ended October 27, 2012 were C$63.74 million, compared to C$70.41 million for the same quarter ended October 29, 2011.

Net loss for the nine months ended October 27, 2012 was C$8.87 million, or C$0.35 loss per share, compared to net loss of C$3.53 million, or C$0.15 loss per share, for the same period ended October 29, 2011.

Sales for the nine months ended October 27, 2012 were C$194.03 million, compared to C$220.18 million for the same period ended October 29, 2011.