Le Chateau Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended October 27, 2018. For the quarter, the company's sales were CAD 45,099,000 compared with CAD 48,676,000 a year ago. Loss from operating activities was CAD 4,318,000 compared with CAD 5,196,000 a year ago. Net loss was CAD 6,708,000 or CAD 0.22 per basic and diluted share compared with CAD 7,121,000 or CAD 0.24 per basic and diluted share a year ago.

For the nine months, the company's sales were CAD 139,496,000 compared with CAD 148,397,000 a year ago. Loss from operating activities was CAD 10,743,000 compared with CAD 15,875,000 a year ago. Net loss was CAD 17,663,000 or CAD 0.59 per basic and diluted share compared with CAD 20,961,000 or CAD 0.70 per basic and diluted share a year ago.

For the first seven weeks ended December 15, 2018, total retail sales decreased 10.3% compared to the same period last year, with 27 fewer stores in operation. Comparable store sales, which include online sales, decreased 3.6% compared to the same period last year, with comparable regular store sales decreasing 3.1% and comparable outlet store sales decreasing 6.5%.