>>
Home / Knowledge / News / Fashion / United Retail to release Q2 earnings on Aug 17

United Retail to release Q2 earnings on Aug 17

11
Aug '05
Large-size women's apparel and accessories seller United Retail Group Inc announced it will release its earnings for the second quarter of fiscal 2005 on Wednesday, August 17, 2005.

The earnings release date, previously scheduled for Tuesday, August 16, 2005, has been rescheduled so that the announcement will follow a Court hearing on August 16, 2005 to approve the settlement of the Stanford wage and hour class action in California Superior Court as reported in a recent SEC filing.

The Company believes that the settlement will be an amount less than the related expense of $2.3 million that was recorded by the Company prior to the current fiscal year. The reduction in the amount of the settlement will be taken into income with respect to the second quarter of fiscal 2005.

On March 18, 2005, a subsidiary of the Company, United Retail Incorporated, and the named plaintiffs entered into a Stipulation and Settlement Agreement, subject to Court approval. The expense for the maximum settlement cost was recorded prior to the current fiscal year.

In the event that the Court approves the fairness of the terms of the Settlement Agreement, and based on the response of the plaintiffs to the notice that they received, the Company believes that $0.4 million to $0.5 million of the recorded expense will be reversed and taken into income with respect to the second quarter of fiscal 2005.

The Company's investor call will be broadcast live over theInternet at 11:30 a.m. (Eastern Daylight Time) on Wednesday, August 17, 2005, and can be accessed by logging on to http://www.vcall.com. Raphael Benaroya, Chairman, President and Chief Executive Officer, and George R. Remeta, Vice Chairman and Chief Administrative Officer, will host the call.


Must ReadView All

Pic: Dreamstime.com

Apparel/Garments | On 22nd Jan 2022

Dhaka, Berlin sign €20.15-mn pact to improve RMG workers conditions

Bangladesh and Germany have signed an agreement to support five...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

UKVFTA brings positive results to bilateral trade: Vietnamese ministry

The recently effective UK-Vietnam FTA has led to positive outcomes,...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

Cambodia approves new projects worth $1.9 bn, including 2 garment ones

The Council for the Development of Cambodia has approved 10 projects...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Ilker Hacioglu,

Ilker Hacioglu

Founded by three partners of French origin in 1988, LC Waikiki started its ...

Mumin Can Eker,

Mumin Can Eker

Maseksport Inc is a readymade garment exporter. Founded in Izmir in 1989,...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Carmen Emanuela Popa, Label - Carmen Emanuela Popa

Carmen Emanuela Popa
Label - Carmen Emanuela Popa

<b>Carmen Emanuela Popa,</b> a Romanian fashion designer, is known for her ...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Splash
Recron Polyester from Reliance Industries Limited
C;&A Sourcing International Ltd
Truetzschler India Private Limited
Groz-Beckert East Asia LLP
Tommy Hilfiger
Rosset ;& Cia Limited
Chori Company Limited
Lacoste (Wanchai)
Cat Tuong Real Estate Group Joint Stock Company
Tory Burch Hong Kong Ltd
Etam Group Strategy Hong Kong Limited
G-Star Raw C.V.
Grasim Industries Limited
Eastman Chemical Company
Permoda(Koaj/Armi/Pronto/Bkul)
Target Corporation (MN)
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Reiter India Private Limited
John Varvatos
Rayonese Textile Inc., Division de Culp Inc.
Bluestem Global Sourcing Limited
Abit
Green Fibre
The LYCRA Company Singapore  Pte. Ltd
Alix Partners
Restoque S.A.
KIABI
OVS Hong Kong Sourcing Ltd.
Lenzing Aktiengesellschaft
Sportswear Company Spa
Amazon China
Vardhman Textile Ltd
Page Industries Limited (Bangalore)
Aquarelle Clothing Limited
SYNERGIES HONG KONG LIMITED
Lifestyle
Gloria Jeans
NITI Aayog
Calvin Klein
Under Armour Global Sourcing Ltd
MAS Active / MAS Kreeda / MAS Bodyline
Phong Phu international JSC (PPJ)
Babyshop
Gap International Sourcing Limited
Hirdaramani International Export Private Limited
LC Waikiki
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Tchibo GmbH
Esprit Europe Services GmbH
Desigual - ABASIC, S.A.
Guess Europe Sagl,
Gokaldas Exports Limited
Lululemon Athletica Inc
Landmark Group
Helly Hansen Far East Ltd
Midas Clothing Limited
BIMBA ;& LOLA SL
TESCO INTERNATIONAL SOURCING LIMITED
PVH Corporation
The Top Form Brassiere Manufacturing Company Limited
Alison Hayes Romania
BIANCA
Aramark Uniform ;& Career Apparel, LLC
THE BOMBAY DYEING ;& MFG.CO. LTD
KAS Direct Sourcing
Hela Clothing Pvt Ltd
Lisa S.P.A.
Gatsby Africa
Varner AS Retail
Benetton Group
Chico’ FAS
Sportmaster Ltd.
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Huntsman (Singapore) Pte Ltd
IDH – The Sustainable Trade Initiative
SHAHI Exports Pvt Ltd
IKEA of Sweden AB
T.T. Limited
Sateri (Jiujiang) Fiber Co.,Ltd
Asos
H;&M Hennes ;& Mauritz (Far East) Ltd
International Textile Manufacturers Federation
Seasalt Limited
Puma
Decathlon
Vianney Textil Hogar S.A. De C.V.
Arvind Limited
Sainsbury's Argos Asia Limited
Boardriders Asia Sourcing Limited

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search