Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$0.55 CAD
Change Today -0.04 / -6.78%
Volume 3.7K
As of 3:59 PM 06/1/15 All times are local (Market data is delayed by at least 15 minutes).

le chateau inc-a (CTU/A) Snapshot

Open
C$0.55
Previous Close
C$0.59
Day High
C$0.55
Day Low
C$0.55
52 Week High
06/2/14 - C$2.17
52 Week Low
05/13/15 - C$0.47
Market Cap
18.5M
Average Volume 10 Days
2.6K
EPS TTM
C$-1.28
Shares Outstanding
25.4M
EX-Date
01/26/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LE CHATEAU INC-A (CTU/A)

Related News

No related news articles were found.

le chateau inc-a (CTU/A) Related Businessweek News

No Related Businessweek News Found

le chateau inc-a (CTU/A) Details

Le Château Inc. operates as a specialty retailer in Canada and the United States. The company designs, develops, manufactures, and sells fashion apparel, accessories, and footwear for women and men. As of April 01, 2015, it operated 222 retail locations under the Le Château brand, of which 221 were located in Canada, as well as 4 stores under license in the Middle East. The company operates its retail locations primarily in urban shopping malls, as well as street-front locations. Le Château Inc. also sells its products through Internet. The company was formerly known as Château Stores of Canada Ltd. and changed its name to Le Château Inc. in July 2000. Le Château Inc. was founded in 1959 and is headquartered in Montreal, Canada.

1,387 Employees
Last Reported Date: 05/1/15
Founded in 1959

le chateau inc-a (CTU/A) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: C$1.0M
President, Director and Member of Executive C...
Total Annual Compensation: C$600.0K
Vice President of Finance and Secretary
Total Annual Compensation: C$250.0K
Senior Vice President of Sales & Operations
Total Annual Compensation: C$350.0K
Vice-President of Creative Direction
Total Annual Compensation: C$225.0K
Compensation as of Fiscal Year 2014.

le chateau inc-a (CTU/A) Key Developments

Le Chateau Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2015; Reports Sales Results for the First Quarter Ended April 28, 2015

Le Chateau Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended January 31, 2015. Sales for the 14-week period ended January 31, 2015 amounted to CAD 70.5 million, a decrease of 8.4% from CAD 76.9 million for the 13-week period January 25, 2014. Sales were negatively impacted in the fourth quarter of 2014 by reduced store traffic and increased promotional activity throughout the quarter. Comparable store sales decreased 11.3% for the fourth quarter. Loss from operating activities was CAD 10.9 million against CAD 4.35 million reported last year. Adjusted EBITDA loss for the fourth quarter amounted to CAD 5.8 million, compared to Adjusted EBITDA of CAD 385,000 reported last year. Loss before income tax recovery was CAD 11.6 million against CAD 5.0 million reported last year. Net loss for the fourth quarter amounted to CAD 11.6 million or CAD 0.39 per diluted share compared to CAD 3.9 million or CAD 0.15 per diluted share the previous year, mainly as a result of the decrease in the gross margin dollars. Cash flows related to operating activities was CAD 7.6 million against CAD 11.4 million reported last year. Additions to property and equipment and intangible assets were CAD 0.9 million against CAD 0.7 million reported last year. Sales for the 53-week period ended January 31, 2015 decreased 9.0% to CAD 250.2 million from CAD 274.8 million for the 52-week period ended January 25, 2014. Comparable store sales decreased 9.0% versus the same period a year ago. Loss from operating activities was CAD 37.5 million against CAD 19.0 million reported last year. Adjusted EBITDA loss was CAD 17.1 million compared to Adjusted EBITDA of CAD 1.6 million reported last year. Loss before income tax recovery was CAD 40.4 million against CAD 21.7 million reported last year. Net loss for the year ended January 31, 2015 amounted to CAD 38.7 million or CAD 1.34 per diluted share compared to CAD 16.0 million or CAD 0.59 per diluted share the previous year, mainly as a result of the decrease in the gross margin dollars. Cash used in operating activities was CAD 6.8 million against CAD 3.4 million reported last year. Additions to property and equipment and intangible assets were CAD 8.5 million against CAD 6.3 million reported last year. For the first quarter to date (up to April 28, 2015), total retail sales decreased 4.8% and comparable store sales decreased 6.2% compared to the same period last year. Included in comparable store sales are online sales which increased 24.4%.

Le Chateau Inc. Enters into Long-Term Financing of $5.0 Million

Le Château Inc. has entered into an agreement with a corporation controlled by Herschel Segal, the founder of Le Château and a Director and majority shareholder of the company, for long-term financing of $5.0 million. This loan, in line with its current business plan and strategy, will provide the company with additional capital and financing flexibility, with proceeds being used primarily towards the company's new concept store renovation program which includes the following stores: Scarborough Town Centre in Ontario (opened April 1, 2015); Fairview Pointe Claire in Quebec (May 2015); Yorkdale Shopping Centre in Ontario (July 2015); St. Laurent Shopping Centre in Ottawa, Ontario (August 2015); and Mayfair Shopping Centre in British Columbia (August 2015). The financing is in the form of a secured loan which bears interest at an annual rate of 7.5%, is repayable at maturity on January 31, 2020, and may be prepaid, in whole or in part, at any time. The parties have concurrently amended the existing $5.0 million loan to extend its maturity from January 31, 2016 to January 31, 2020 and to secure it on the same basis as the new $5.0 million loan. The loans will be secured by all the company's property and will be subordinated in terms of ranking and repayment to the company's $80.0 million asset based credit facility.

Le Chateau Inc. Reports Sales Results for the First Five Weeks Ended November 29, 2014

Le Chateau Inc. reported sales results for the first five weeks ended November 29, 2014. For the period, the company reported that total retail sales decreased 14.0% and comparable store sales decreased 12.7% compared to the same period last year. Included in comparable store sales are online sales which increased 30%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CTU/A:CN C$0.55 CAD -0.04

CTU/A Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CTU/A.
View Industry Companies
 

Industry Analysis

CTU/A

Industry Average

Valuation CTU/A Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LE CHATEAU INC-A, please visit www.lechateau.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.