Cache Inc. reported consolidated earnings results for the first quarter ended March 30, 2013. For the quarter, the company reported net sales of $53,510,000 against $55,995,000 a year ago. Operating loss was $8,286,000 against $2,023,000 a year ago, primarily due to the separation agreement with the former CEO, as well as severance for other corporate employees. Loss before income taxes was $8,278,000 against $2,005,000 a year ago. Net loss was $18,505,000 against $1,208,000 a year ago. Diluted loss per share was $1.38 against $0.09 a year ago. Adjusted net loss was $6,806,000 or $0.51 per share against $1,208,000 or $0.09 per share a year ago. Capital expenditures for the quarter totaled approximately $1.7 million. Comparable store sales decreased 1.5%, which compares to an increase of 9.4% in the first quarter of fiscal 2012. During the balance of fiscal 2013, the company expects to open one new store. During the balance of fiscal 2013, the company expects to close approximately two more stores. The company continue to anticipate 2013 capital expenditures to be in the range of $5 million to $6 million driven by store remodels, including the launch of a new store design in Las Vegas and the opening of 1 new outlet store. The company expects depreciation and amortization to be approximately $6 million in 2013.

Cache Inc., Q1 2013 Earnings Call, May 14, 2013

Cache Inc. announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on May 14, 2013

Cache Inc. announced that Arnold P. Cohen has joined the company as Executive Vice President, Chief Marketing Officer. Cohen joins Cache with over 30 years experience working with many iconic brands in management, creative, and brand building roles. In addition to directing J.Crew's store strategy, as President and COO, he led international development with licensing partnerships in Japan and France, as well as the opening of its direct sourcing office in Singapore.

Cache Inc. Presents at 33rd Annual Piper Jaffray Consumer Conference, Jun-12-2013 04:00 PM. Venue: The New York Palace, 455 Madison Avenue, New York, NY 1002, United States. Speakers: Daphne Pappas, Chief Merchandise Officer and Executive Vice President, Jay M. Margolis, Chairman and Chief Executive Officer, Margaret J. Feeney, Chief Financial Officer, Principal Accounting Officer and Executive Vice President.