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Le Chateau third-quarter loss narrows on cost-cutting but sales shrink

Canadian Press, The Canadian Press
0 Comments| December 7, 2012

MONTREAL - Montreal-based clothing retailer Le Chateau Inc. (TSX:CTU.A) says its third-quarter net loss narrowed to $3.6 million, largely due to cost-cutting initiatives.

The chain said that loss amounted to 14 cents per share, compared to a net loss of $4.1 million or 17 cents per share in the same quarter of 2011.

© The Canadian Press, 2005

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