June 9, 2017 / 9:18 PM / 2 months ago

BRIEF-Le Chateau Q1 loss per share C$0.43

June 9 (Reuters) - Le Chateau Inc

* Le Chateau reports first quarter results

* Q1 same store sales fell 1.5 percent

* Q1 loss per share C$0.43

* Q1 sales fell 8.6 percent to C$44.4 million

* Le Chateau - for first five weeks ended june 3, 2017, total retail sales decreased 8.5 pct

* Le Chateau - renewed its asset based revolving credit facility for a three-year term ending on june 9, 2020 with a limit of $70.0 million

* Le Chateau - for first five weeks ended june 3, 2017, comparable store sales decreased 2.9 pct

* Le Chateau - entered into a three-year $15.0 million term loan with a subordinate lender

* Le Chateau - proceeds of term loan will be used to reduce amount outstanding under revolving credit facility Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below