Casual Male Narrows Losses

Casual Male Retail Group Inc. posted a net loss of $3.2 million for the third quarter, compared to net loss of $3.8 million in the prior year.

The direct marketer and retailer reported sales of $100 million for the quarter ended Nov. 1, a 5.7% decrease from $106.1 million last year.

The Canton, MA firm reported gross profit of $42.2 million for the quarter, a decrease from $46.5million in the prior year.

In addition, Casual Male posted selling, general and administrative expenses of $42.7 million for the quarter, compared to $44 million last year.