Last $1.02 USD
Change Today -0.10 / -8.93%
Volume 25.9K
BODY On Other Exchanges
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OTC US
As of 5:10 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

body central corp (BODY) Key Developments

Body Central Corp. Announces Auditor Changes

Body Central Corp. announced the appointment of Hancock Askew & Co., LLP as the company's independent registered public accounting firm for the fiscal year ending January 3, 2015. Hancock Askew & Co., LLP replaces PricewaterhouseCoopers LLP. The decision to change accounting firms was approved by the Audit Committee on November 13, 2014.

Body Central Corp. Appoints Celia Clancy to Board of Directors

Body Central Corp. announced the appointment of Celia Clancy to its Board of Directors effective November 10, 2014. Ms. Clancy is a seasoned senior executive with leadership experience in fashion retail, merchant management and e-commerce. Ms. Clancy is currently the CEO of MCC Retail Consultants which she founded in 2014, providing specialized advisory services in matters of strategic planning, merchandising and product development, marketing and e-commerce, operations and business process improvement.

Body Central Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 27, 2014; Reports Impairments for the Third Quarter Ended September 27, 2014

Body Central Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 27, 2014. For the quarter, the company reported net revenues of $43,420,000 against $60,833,000 a year ago. Loss before income taxes was $19,090,000 against $15,750,000 a year ago. Net loss was $16,713,000 or $10.17 per diluted share against $8,981,000 or $5.49 per diluted share a year ago. Loss from operations was $24,334,000 against $15,493,000 a year ago. Adjusted loss from operations was $9,911,000 against $15,493,000 a year ago. For the nine months, the company reported net revenues of $159,640,000 against $217,383,000 a year ago. Loss before income taxes was $55,304,000 against $26,796,000 a year ago. Net loss was $46,983,000 or $28.70 per diluted share against $19,053,000 or $11.68 per diluted share a year ago. Net cash used in operating activities was $25,235,000 against $8,654,000 a year ago. Payments for purchases of property and equipment were $4,682,000 against $12,709,000 a year ago. Loss from operations was $55,304,000 against $26,796,000 a year ago. Adjusted loss from operations was $35,323,000 against $16,438,000 a year ago. For the quarter, the company reported Impairment of depreciable long-lived assets of $9,313,000.

Body Central Corp. Announces Executive Changes

Body Central Corp. announced that in connection with Brian Woolf's decision to retire at the end of the year, the Company has appointed Ben Rosenfeld as President and Chief Executive Officer effective immediately. Brian Woolf has agreed to continue with the Company through the year-end to assist Mr. Rosenfeld in the transition. Mr. Rosenfeld has been as a member of the Company's Board of Directors since July 2014, a role in which he will continue following his appointment as President and CEO. Mr. Rosenfeld was previously Vice President Store Operations, Retail and Outlet, at Kenneth Cole Productions from March 2013 through October 2014.

Body Central Corp. Approves the Fourth Amended and Restated Certificate of Incorporation

Body Central Corp. announced that the 2014 special meeting of stockholders of the company was held on September 4, 2014, has approved the company's fourth amended and restated Certificate of Incorporation. On September 4, 2014, concurrently with the effectiveness of the amended and restated charter, the company's Board of Directors implemented amended and restated By-Laws of the company.

 

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