UPDATE: Charming Shoppes Reports Q2 Loss

Charming Shoppes Inc CHRS released its results for the second quarter on Thursday. Charming Shoppes reported a quarterly loss of $0.01 per share. Its revenue dropped 3.6% y/y to $499.2 million. However, analysts were expecting earnings of $0.01 per share on revenue of $499.2 million. Charming Shoppes shares closed at $3.17 yesterday.