Altman Z-Score, Trailing 12 Months: 2.72
Altman Z-Score 2009: 2.78
Charming Shoppes (CHRS), which owns plus-size apparel stores like Lane Bryant, Catherine's and Fashion Bug, returned to profit in its first quarter.During the quarter, it earned $3.9 million, or 3 cents a share, compared with a loss of $6.6 million, or 6 cents, in the year-ago period. Sales dropped 6% to $504.8 million, while same-store sales declined 2%, but this was primarily due to the closure of stores. In an effort to cut costs, Charming Shoppes has shuttered about 150 stores over the past year.