This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cache Reports Third Quarter Fiscal 2012 Results

At September 29, 2012, cash and marketable securities totaled $16.4 million, compared to $24.4 million in cash and marketable securities at October 1, 2011. Total inventory at cost increased 7.1% at September 29, 2012, as compared to the prior year period.

A table summarizing financial results follows:

   

Thirty-Nine Weeks Ended

   

Thirteen Weeks Ended

Sept. 29,     Oct. 1, Sept. 29,     Oct. 1,

2012

2011

2012

2011

($ thousands, except for per share data, share numbers and store count)

 
Net sales $ 163,417 $ 161,024 $ 45,789 $ 48,659
Operating loss (8,455 ) (143 ) (8,109 ) (3,042 )
Net income (loss) $ (6,553 ) $ 205 $ (6,376 ) $ (1,822 )
 
Basic earnings (loss) per share $ (0.51 ) $ 0.02 $ (0.49 ) $ (0.14 )
Diluted earnings (loss) per share $ (0.51 ) $ 0.02 $ (0.49 ) $ (0.14 )
 
Per share – Tax valuation allowance $ (0.10 ) $ -- $ (0.10 ) $ --
 
Diluted earnings (loss) per share
Excluding – Tax valuation allowance $ (0.41 ) $ 0.02 $ (0.39 ) $ (0.14 )
 
 
Basic weighted average shares
outstanding 12,882,000 12,831,000 12,892,000 12,849,000
 
Diluted weighted average shares
outstanding 12,882,000 12,859,000 12,892,000 12,849,000
 
Number of stores open, at end of period 262 279 262 279
 

Store Information

During the third quarter, the Company closed two locations, ending the period with 262 stores in operation. For fiscal 2012, the Company expects to open no new additional stores and since September 29, 2012 the Company has closed one additional location. Accordingly, the Company expects to end fiscal 2012 with approximately 261 locations and 525,000 square feet in operation.

3 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs