Casual Male Retail Group, Inc. (CMRG)

TSIF (98.76) Submitted: 11/20/2009 5:19:10 PM : Start Price: $2.46 CMRG Score: +1.64

Casual Mail Retail Group gets my upthumb at this price level. Yes, I've down thumbed SAKs, Dillards, LIZ and others and been taken to the cleaners by a drunken Mr. Market. Down thumbs on beaten up retailers don't pay. Hoping Mr. Market gets drunk and runs one up is also a risky, (but safer play). Finding one that Mr. Market has taken to the cleaners that is 10x more viable than SAKs or Dillards looks like a real win, (OVER the long term).
Casual Male did lose money this past quarter. Their cash flow, however, continues to be postitive and they've beaten down the mininal debt load they had considerably. Inventory is down. The economy is ??? Well two out of three ain't to bad in this game. They were also punished by Mr. Market for being honest on forecasts. Mr. Market would much rather be lied to and disappointed than told the truth upfront. Down $1.4 Million in Q3. Sales down 11%, male consumer fickle and more likely to avoid the retail stores in harder times. The good. Accounts payable down by 30% yoy, debt down by over 40% yoy, inventory down by 30% yoy. I like Casual Male's chances of making a profit as the female shopper hits the stores for the Christmas season. You have to dress up for those parties and job interviews. Clothing will need replaced. Causual Male is a good retail outlet in moderate economic times. IF they post a profit next quarter, upside could be very good. If not, they are not BK material and the share price is already about as low as I would expect it to go barring a really negative miss.

vnr1225 (< 20) Submitted: 10/21/2009 5:08:54 PM : Start Price: $2.81 CMRG Score: -12.31

buy on Galleon wind down dip

WPThatcher (41.44) Submitted: 10/20/2009 12:38:38 PM : Start Price: $2.90 CMRG Score: +14.43

Galleon holding.

macieo (29.53) Submitted: 10/6/2009 10:34:16 AM : Start Price: $3.22 CMRG Score: -26.25

many americans are believing the cheaper the better

supercoffee (83.99) Submitted: 7/31/2008 3:58:12 PM : Start Price: $4.06 CMRG Score: +27.65

PEOPLE STOP GONG TO BIG AND TALL STORES

jayeasy (24.12) Submitted: 3/25/2008 2:07:00 AM : Start Price: $4.11 CMRG Score: -23.43

bargain stocks set to rise

chk999longonly (99.35) Submitted: 1/7/2008 10:41:59 PM : Start Price: $4.19 CMRG Score: -20.70

This is at a 52 week low.

Another retailer getting pounded with all the rest. This has a PE ratio of 5 for Og's sake.

sparrowseye (< 20) Submitted: 11/7/2007 11:05:54 PM : Start Price: $7.28 CMRG Score: -43.23

I used to shop at Casual Male because I had to. Now, even though I have lost a lot of weight, I shop there by choice. Merchandise is simply and attractively displayed, easily found, and sales clerks are helpful and pleasant. It is a low stress shopping experience. I am well aware that I am paying a slight premium for this shopping experience, but I do not mind. I think in the long long long term a trend towards preventative medecine in the US will work against CMRG's marketing mission, but in the short to medium term everyone from blue collar immigrants to white collar workaholics are going to keep eating too much junk food and get fat. If CMRG could ever really get its web business unwound, it could really grow fast. I like these guys.

MsRobbyn (< 20) Submitted: 6/1/2007 12:27:50 PM : Start Price: $11.99 CMRG Score: -54.56

As people grow, I think so will this stock. I am in it for the long term

horsegoer (< 20) Submitted: 5/17/2007 4:54:49 PM : Start Price: $10.67 CMRG Score: -52.77

This company is going to expand and profits will follow.

refreund (< 20) Submitted: 5/1/2007 3:08:31 PM : Start Price: $11.46 CMRG Score: -56.19

value screener

brainiac2 (< 20) Submitted: 1/21/2007 12:22:23 AM : Start Price: $12.65 CMRG Score: +61.53

All style no substance. Name change slick cover of business as usual. Competitors more on the ball.

NetscribeRetail (90.74) Submitted: 12/22/2006 4:44:10 AM : Start Price: $13.55 CMRG Score: -63.66

Nothing Casual about Casual Male!!!!

Casual Male Retail Group is a specialty retailer of big and tall men's apparel with presence in US, Canada and UK. The company's operations consists of the Casual Male and Rochester businesses. Casual Male stores offer a selection of sportswear, dress clothing and footwear for the big and tall male customer at moderate prices whereas the Rochester business focuses on customers shopping at the high-end price point.

The company has about 8% market share in the $5.5 billion big and tall apparel market. Recently, they have come out with a rebranding initiative to expand their market share by introducing Casual Male XL to target the underpenetrated segment that constitutes 65% of their existing market. Rebranding has primarily contributed to the top line with almost 8% rise in the number of units sold.

Also, acquisition of Jared M. that caters primarily to the professional athletes will increase the Rochester business and start driving revenues by spring 2007. To expand their offerings the company has acquired ‘Super Size world’ that carries over 250 products catered to the needs of large people. Private label business is doing well with strong performance from ‘626 Blue Lifestyle’ and ‘Platinum Series’. They are also planning to re-launch their lifestyle brand ‘Synergy’ by next spring after receiving solid response in this year.

Launching of B and T factory in the future with price points about 25% less would help the company to target the lower income group. Company’s plan to increase the proportion of private label merchandise and will source almost 40% of this merchandise offerings to improve their gross margins in the coming year. Looking at the numerous initiatives, consistent positive same-store sales, this company should OUTPERFORM.

Howard8572 (28.82) Submitted: 11/19/2006 8:34:28 PM : Start Price: $13.45 CMRG Score: -64.44

Major inroads to revenue and margin increases
will drive strong bottom line growth.