Beacon Equity Issues Trading Overview for Charming Shoppes Inc.

October 12, 2009 6:50 AM EDT

DALLAS, Oct. 12, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring specialty apparel retailer Charming Shoppes Inc. (Nasdaq: CHRS). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Charming Shoppes Inc. (Nasdaq: CHRS) should be of particular interest to other specialty apparel companies: Dress Barn Inc. (Nasdaq: DBRN), The TJX Companies Inc. (NYSE: TJX) and Kohl's Corp. (NYSE: KSS).

It is available at: http://www.beaconequity.com/i/CHRS

Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity

Charming Shoppes Inc. (CHRS) is a specialty apparel retailer of plus-size women's apparel. The Company's store chains include Lane Bryant, Fashion Bug, Catherines Plus Sizes and Petite Sophisticate Outlet.

In the report, the analyst notes:

"The Company announced two initiatives in August: the sale of its credit card receivables to Alliance Data, and the completion of a three-year loan agreement in the amount of $225 million of senior secured revolving credit. The sale of the Company's credit card receivables removed credit risk and added liquidity in the amount of $110 million.

"Risks to the stock include further economic contraction paired with continued consumer reluctance to spend disposable income. The Company will continue to focus upon aggressive inventory management and operating expenses controls, while cognizant of the uncertain economic and retail environment, especially in the United States."

To read the entire report visit: http://www.beaconequity.com/i/CHRS

See what investors are saying about these stocks at: http://www.stockhideout.com/

BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

CONTACT: Beacon Equity Research
         Jeff Bishop
         (469)-252-3505
         press@beaconequity.com

Related Categories

Press Releases

Stocks Mentioned

Related Entities

• Twitter

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?