Clothestime Inc.: The Anaheim women’s apparel retailer...
Clothestime Inc.: The Anaheim women’s apparel retailer said profit for its latest quarter declined 43% to $1.2 million, or 8 cents a share, from $2.1 million, or 14 cents a share, for the same period a year earlier. Sales for the company’s third quarter, which ended Oct. 30, were up 12% to $81.5 million from $73 million. For the first nine months of its fiscal year, the company’s profit dropped 5% to $6.1 million, or 42 cents a share, from $6.4 million, or 43 cents a share, for the same period a year earlier. Nine-month sales increased 12% to $252.5 million from $225.2 million. The company also announced Thursday that it has opened four stores in Hawaii and three in Puerto Rico.
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